BNB price climbed higher this week as bulls attempted to confirm a breakout from a bullish double bottom pattern forming on the weekly chart. According to data from crypto.
Bitcoin rolled back to $81,200 after dipping to $79,800 on Tuesday's hotter-than-expected U.S. inflation reading, while BNB zoomed 2.5% over 24 hours and dogecoin added 1.3% as crypto funds saw their strongest weekly inflows in months.
The BNB Chain sector extended its month-long uptrend, adding ~$6.7 billion to its market cap and gaining 4% week-over-week to settle at ~$175 billion.
After months of heavy consolidation, BNB is finally showing signs of expansion as price pushes back into a key resistance zone. The market now sits at a pivotal stage where a successful breakout could ignite a stronger rally, while failure to hold momentum may lead to another rotation within the broader range.
BNB price climbed toward the $660 level after breaking above a multi-month descending triangle resistance, with traders increasingly positioning for a larger upside move toward the $785 region.
The BNB Foundation has finalized its 35th quarterly burn, permanently removing 1.56 million tokens valued at approximately $1.0021 billion from circulation.
BNB price has broken above a multi-month descending triangle pattern, signaling that bearish momentum may be fading as buyers attempt to regain control of the trend. According to data from crypto.
Recent data shows that tokenized China-linked equities and Exchange-Traded Funds (ETFs) on BNB Chain have exploded in 2026, with Ondo Global Markets' China basket leading the charge.
BNB Chain recorded more than 50 million active wallet addresses over the last 30 days, placing it ahead of every major blockchain network in user activity. Solana followed with 32.7 million active addresses, while Tron and Tether-related activity remained near 15.5 million.
BNB Chain has remained dominant in blockchain activity as the network has continued to outperform every other major network in the crypto market.
The BNB price currently stands around $647, facing immediate technical resistance at the $678 level. Market analysts identify a historical accumulation range situated between $300 and $600 as a base for potential bullish moves. The MACD and RSI technical indicators show early recovery signals, although the asset remains below critical Fibonacci retracement levels.
Russia's securities marketplace, the Moscow Exchange (MOEX), has unveiled plans to significantly expand its lineup of cryptocurrency indices by incorporating four prominent digital assets.