BNB BSC chains has seen the light, with over $700 USDT made from $BOB on the BSC BLc. listed on the bitget onchain. I saw a $1,500 BGB giveaways event now for sharing your PnL with the platform.

Binance Coin (BNB) - INR
The Maximum Supply for BNB is deliberately set lower than the Total Supply due to its unique deflationary tokenomics. Binance has implemented a mechanism to burn tokens periodically until the Total Supply is reduced to 100 million, which represents the Maximum Supply—the fixed upper limit for the number of tokens that will remain after all planned burns are completed. As no new tokens will be minted, the burning process will continue until this limit is reached. The Total Supply reflects the total number of tokens that exist at present, while the Maximum Supply represents the final target after all planned token burns are completed. This approach accurately represents BNB’s distinctive supply model.
2024-08-01: The BNB Chain is currently in the midst of the BNB Beacon Chain's "Second Sunset Fork" phase. This stage involves migrating assets from the BNB Beacon Chain to the BNB Smart Chain (BSC). Previous steps, such as completing the automatic refund of locked assets on the BNB Beacon Chain, have been finalized. The asset migration process is still ongoing, and it is crucial for stakeholders to complete necessary actions to ensure a smooth transition. For more details, visit the BNB Chain Fusion page.
Binance has listed Across Protocol (ACX) and Orca (ORCA) tokens, set to begin trading on December 6, 2024.
These tokens focus on bridging Ethereum networks and decentralized finance on Solana.
Both saw significant gains, with ACX surging 223% and ORCA rising 83.83% following the announcement.
BNB Price Surge: A Closer Look at Recent Developments
BNB has recently made headlines by breaking through the $572.36 mark, adding over $4 billion to its market cap in just five days. Let’s dive into the key factors behind this momentum.
Key Points
- Significant Price Movement: On September 27, BNB's price surpassed $615, reflecting a 10% gain over the week.
- The surge is largely attributed to the early release of Changpeng Zhao (CZ), Binance's ex-CEO.
Market Reaction to CZ's Release:
- News of CZ's potential early release prompted traders to reduce their bearish positions.
- This shift indicates increased investor confidence, potentially leading to further price increases.
Legal Challenges:
- Binance has faced serious legal issues, particularly with the U.S. SEC, resulting in a $4 billion settlement.
- Despite these challenges, analysts remain optimistic about BNB’s future, especially following CZ’s release.
CZ's Sentencing:
- CZ was sentenced to four months in prison for anti-money laundering violations and is banned from managing Binance.
- He retains his position as the largest shareholder, which may still influence market dynamics.
Market Sentiment:
- Since rumors of CZ's release emerged, BNB has seen increased demand, with prices climbing from $578 to $609.56.
- The Relative Strength Index (RSI) at 67.14 indicates strong buying pressure, suggesting further upward potential.
- Current Trading Status: As of now, BNB is trading at $572.36, experiencing a 4.10% dip in the last 24 hours.
The early release of Changpeng Zhao may signal a pivotal moment for BNB, enhancing its market prospects. With key resistance levels ahead, traders are keenly watching for potential breakthroughs toward $700.
https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/
Can #BNB Recover From Recent Price Drops?
https://coinpedian.substack.com/p/is-czs-release-causing-bnbs-price
BNB price is showing promising signs, starting a fresh increase above the $550 resistance zone. Now trading near $600,
here’s what you need to know:
- BNB has recently outperformed Ethereum and Bitcoin, stabilizing above $535.
- It surpassed key resistance levels at $542, $550, and $565.
- The price reached a high of $599.7, consolidating above the 23.6% Fibonacci retracement level.
- Currently, BNB trades above $600 and the 100-hourly simple moving average.
What’s Next for BNB?
- As BNB breaks above the $600 level, resistance at $608 could be the next target.
- A clear move past $608 may lead to a test of $620, setting the stage for further gains.
- Potentially, BNB could test the $635 resistance if upward momentum continues.
- If price fails to breach $600, a downside correction may begin.
- Key supports to watch are at $588, $585, and $575.
As BNB navigates these crucial price levels, traders should monitor resistance and support zones closely. A breakout above $608 could lead to significant gains, while failure to maintain support may trigger declines.
https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/
BNB recently outperformed major cryptos like Bitcoin and Ethereum, sparking investor interest ahead of the Fed meeting.
- BNB hit a 20-day peak of $561 on September 15, outperforming Bitcoin and Ethereum.
- BNB Open Interest surged, crossing $540 million as speculative traders added $82 million.
- A potential Fed rate cut could trigger increased trading and a BNB breakout toward $600.
- On-chain data shows BNB trading volume spike, benefiting from Binance's trading fee discounts.
- Rising commodity prices like Gold and Oil suggest a broader market response to inflation concerns.
BNB’s recent rally and heightened trading activity indicate strong momentum. If the Fed cuts rates, BNB could accelerate toward $600. Stay vigilant!
https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/