Binance Performs Wallet Network Upgrade as BNB Shows Signs of Price Recovery
Main Idea
Binance is performing a wallet network upgrade to enhance performance, with BNB showing signs of price recovery amid ecosystem developments.
Key Points
1. Binance is conducting a live wallet network upgrade lasting approximately 15 minutes, maintaining trading access during maintenance.
2. BNB price rose 5.7% weekly and 24% monthly, reaching a market cap of $112.6 billion.
3. Binance introduced DEX Pro mode for advanced trading and RWUSD, an on-chain asset offering up to 4.2% annualized yield.
4. BNB recently ranked 186th in global asset rankings, surpassing firms like Nike and SoftBank.
5. The upgrade and recent innovations reflect Binance's strategy to improve user experience and ecosystem strength.
Description
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