BNB Chain Daily Active Users Surge 26.4% to 1.2 Million, Revenue Jumps 58%

Description

BNB’s price has broken out of a long-term “falling wedge” pattern on high volume. The technical breakout is supported by strong on-chain growth in users and revenue. Analysis suggests the pattern has a potential long-term price target of $854 for BNB. BNB is flashing bullish signals across the board, surging past a daily high of $667.92 as its price breaks out of a major long-term chart pattern. The move is supported by a significant spike in trading volume to over $1.6 billion, evident from Coi...