The Binance Munt became parabolic this week and rose to the highest level in more than a month when the ecosystem was high.
Binance Coin (BNB) Token jumped eight consecutive days and reached a highlight of $ 732. This year it has risen by more than 43% of the lowest level.
The BNB prize jumped after the developers have announced their priority for this year. They hope that this will increase the network speed, so that they can process more than 100 million transactions per day.
The network also hopes to introduce a gasless function for all transactions, which it hopes that the transaction costs of the user will lower. Furthermore, BNB hopes to eliminate the malignant maximum extremable value, generally known as MEV, from the network.
BNB Chain also takes artificial intelligence seriously and introduces tools such as AI agents to automate tasks. To promote the growth of its ecosystem, it will also introduce decentralized storage and AI hackathons.
The BNB price also jumped as its expansion yield increased with double digits. According to Strike barsThe yield has risen to 16.3%, making it one of the best coins in the industry. This yield is much higher than some bonds and offering popular dividend funds.
BNB -Tokken also rose high as the ecosystem took off. Most tokens in his ecosystem were some of the best artists. Thena, a top -dex network, jumped with 43%, while Simon’s cat, Venus, pancakeswap and Dodo with more than 30%jumps.
These tokens can continue to do well because of their basic principles. Pancakeswap, for example, has turned Uniswap and Raydium in the weekly transaction volume. Other fast-growing DEX networks on BNB are thena, uniswap and dodo. This growth can continue as Changpeng Zhao passes to the Meme Coin industry.
Binance Coin also rose after the Securities and Exchange Commission requested a 60-day break at its lawsuit at the company.
BNB Price Technical Analysis
The weekly graph shows that the Binance coin price has been a strong meeting since the soil at $ 190 in 2023. It has formed a cup and handle pattern, with recent consolidation being part of the handle section.
The currency has remained above the progressive average of 50 weeks and has formed a long -legged doji, a popular bullish reversal.
The depth of the cup is around 70%. That is why measuring this distance to the top of the cup means that it can rise to more than $ 1,100 in the longer term. These profits will be confirmed if the currency above the peak of last year of $ 793 and the resistance rises to $ 1000.