BNB Chain Surpasses 650 Million Unique Addresses Amid Ongoing Adoption
Binance's native token, BNB, is currently testing crucial price levels after reaching new all-time highs. Key points include:
- BNB has maintained strong momentum, staying above former resistance now acting as support.
- The BNB Chain surpassed 650 million unique addresses, highlighting its growing adoption and relevance in the crypto space.
- BNB is one of the few altcoins that exceeded its previous all-time highs from 2021, reinforcing investor confidence.
- Current trading around $853 follows a slight pullback from nearly $880, with key moving averages indicating bullish structure.
- Immediate resistance is at $880, while support levels are identified at $820 and $780.
- Continued adoption metrics could sustain the uptrend, but broader market conditions may introduce risks for price corrections.
