Binance Coin Struggles at $680 Resistance While Mantix Gains Momentum in May

Binance Coin (BNB) is currently facing significant resistance at the $680 level, trading at $671.61 after a brief spike to $690. Despite bullish momentum, the token has struggled to maintain its upward trajectory, leaving traders cautiously optimistic about its next moves. Meanwhile, Mantix ($MTX) is emerging as a disruptive player in the decentralized trading space, attracting attention with its zero-fee structure and cross-chain capabilities. Analysts are speculating about its potential for 100x growth, fueling strong presale momentum. As of May 2025, the crypto market remains dynamic, with BNB’s performance and Mantix’s rise highlighting the ongoing evolution of the sector.

Binance Coin Faces $680 Resistance As Mantix Gains Traction in May

Binance Coin (BNB) struggles to breach the $680 resistance level despite bullish momentum, currently trading at $671.61. The token briefly touched $690 before retreating, as traders monitor its next moves.

Meanwhile, Mantix ($MTX) emerges as a disruptive force in decentralized trading. Its zero-fee structure and cross-chain capabilities fuel presale momentum, with analysts speculating about 100x potential. The project’s technical advantages position it as a standout among May’s new crypto launches.

BNB Price Analysis and Short-term Forecast

BNB price gained over 2 percent in the past 24 hours, trading around $687 amid a broader crypto market recovery. Ethereum’s surge above $2.6k provided tailwinds, reigniting bullish sentiment for Binance’s native token.

The coin’s market cap reclaimed $100 billion, supported by $1 billion in daily trading volume. Growing adoption of the BNB chain and its DeFi ecosystem, including platforms like PancakeSwap, continues to drive fundamental strength.