Binance’s BNB Chain Accelerates Growth with Technical Upgrades and Tokenized Stock Expansion
BNB, the native token of Binance's BNB Chain, has gained momentum with a 0.6% price increase in the past 24 hours, driven by significant network upgrades and the introduction of tokenized stock offerings. The recent Maxwell hard fork has successfully reduced block times by 50% to just 0.75 seconds, significantly enhancing transaction throughput. This upgrade solidifies BNB Chain's position as a high-performance platform for decentralized applications. Additionally, partnerships with Kraken and Backed Finance are set to bring tokenized equities to the BNB Chain, further expanding its utility and appeal in the decentralized finance (DeFi) space. These developments underscore Binance's commitment to innovation and its strategic vision for the future of blockchain technology.
BNB Gains Momentum Amid Technical Upgrades and Tokenized Stock Expansion
BNB Chain's native token BNB ROSE approximately 0.6% in the past 24 hours, buoyed by network upgrades and the introduction of tokenized stock offerings. The Maxwell hard fork reduced block times by 50% to 0.75 seconds, enhancing transaction throughput as the chain positions itself as a high-performance platform for decentralized applications.
Kraken and Backed Finance will bring tokenized equities to BNB Chain, enabling global trading of stocks like Apple and Tesla through BEP-20 tokens. The products will be available in 185 markets outside the U.S., expanding the chain's utility beyond cryptocurrency transactions.
Despite bullish conditions across crypto markets - evidenced by the CoinDesk 20 Index's 2.7% gain - BNB faced resistance near $664.20 during early trading. The token's performance comes as markets appear to have absorbed potential impacts from upcoming U.S. tariff measures.
Cardano's Investment Viability Debated Amid Market Underperformance
Cardano (ADA) remains a polarizing asset in the cryptocurrency space, with proponents championing its peer-reviewed blockchain architecture and critics dismissing it as an overvalued network with limited real-world utility. The token has shed 81% of its value since its 2021 peak, underperforming rivals like Solana (SOL) and Binance Coin (BNB) by significant margins.
Network metrics reveal troubling gaps in adoption. With just 49 active DeFi developers and $348 million in total value locked, Cardano trails Solana's ecosystem by multiple orders of magnitude. Trading volume on Cardano-based DEXs recently registered at just $9 million—a rounding error compared to competitors.
Bitcoin Nears $110K as Traders Eye Bitcoin Hyper for Next Rally
Bitcoin's momentum builds as it approaches the $110,000 threshold, with on-chain data revealing a potential new support zone forming at $100,000. Whale activity and bullish sentiment dominate the market, signaling strong institutional interest. Over 19,400 BTC, worth approximately $2.1 billion, has moved from dormant wallets to institutional addresses, echoing patterns last seen before Bitcoin's 2022 rally.
While Bitcoin remains steady despite aggressive short-selling on Binance, traders are already scouting the next wave of breakout tokens. Bitcoin Hyper, a new Layer-2 protocol, has drawn significant attention during its presale, surpassing $2 million in funding as investors position for a potential crypto super cycle.
CryptoQuant data highlights a declining outflow/inflow ratio of 0.9—a level not observed since late 2022—suggesting long-term accumulation. The market's resilience in the $100,000–$110,000 range underscores growing conviction among holders.
Binance Coin Price Prediction Holds Above $660 With Support from Whale Buys
Binance Coin (BNB) demonstrates resilience, maintaining its position above the $660 threshold despite heightened intraday volatility and waning momentum. The asset's defense of key support levels has sustained bullish sentiment, even as broader market caution prevails.
Technical analysis reveals a short-term breakout attempt followed by a sharp reversal, with a buy signal triggered at $660.17 on July 8. Resistance NEAR $662 proved formidable, leading to a retreat to the $660 range. Increased red volume bars indicate persistent seller activity at the upper consolidation boundary.
A potential inverse head-and-shoulders pattern emerges on broader charts, with demand clearly anchored in the $656–$658 zone. The breakout past $656 neckline resistance and subsequent rally to $663 confirms a temporary bullish shift, though the sustainability of this MOVE remains under scrutiny.
Binance Coin (BNB) Tests Key Support Level Amid Neutral Indicators
Binance Coin (BNB) hovered near the $662 support level, showing a marginal 0.18% gain as market momentum remained flat. The Relative Strength Index (RSI) at 56.46 suggests neutral conditions, with neither bullish nor bearish dominance. Traders await clearer signals as the MACD histogram shows negligible divergence at 0.01, reflecting market indecision.
A breakout above $670 could propel BNB toward the $700-$750 resistance zone, though the $620-$550 range remains critical support. The token's recent rebound from $598 demonstrates underlying strength, yet the lack of decisive momentum keeps traders cautious. Market participants monitor these technical levels for the next directional move.
Bitcoin Price Hits New ATH of $112k: Is the 2025 Altseason Here? Experts’ Insights
Bitcoin surged to a record $112,000 on major exchanges including Binance, eclipsing its previous peak of $111,814 set in May 2025. The 2% daily gain propelled its market capitalization above $2.2 trillion, surpassing Alphabet to become the world's fifth-most valuable asset.
Institutional demand continues driving momentum, with U.S. spot bitcoin ETFs absorbing over $13 billion in inflows since February. BlackRock's IBIT and Fidelity's FBTC lead the charge as regulatory clarity improves. Santiment data reveals retail traders' boredom and fear have paradoxically fueled the rally.
