BNB Chain Don Reach 123M Transactions as Maxwell Hard Fork Dey Come, BNB Dey Eye Breakout With Plenty On-Chain Activity
BNB Chain don see big jump for wetin dem dey do, dem process 123 million transactions for just last week—na im high pass for over one year. This sudden rush dey related to say dem dey wait for the Maxwell Hard Fork wey dey come, wey go make transactions fast to finish, double network performance, and bring new AI-driven upgrades to make am scale. Dem expect say this hard fork go seriously boost BNB Chain competition among layer-1 blockchains by reducing how long block dey take and cutting down transaction delay, with mainnet launch set before June 30, 2025. BNB, the main token for BNB Chain, dey gather ground around $670—wey be 12% rise for past one month—dey show say e strong even when market dey fall. Technical analysis show say BNB still dey for ascending channel with key support at $640. If e break above $690, e fit clear road to test the all-time high of $794 again. Market data show say trading and derivatives volumes don reduce small, but open interest dey slowly climb up, and technical indicators (like RSI and MACD) dey signal neutral-to-bullish outlook. Analysts dey see this recent gathering as a base for possible upward movement, especially as on-chain activity dey climb and Maxwell upgrade dey for corner. Crypto traders suppose dey monitor wetin happen after the hard fork well well and how price dey move above $690 for breakout signals. The Maxwell Hard Fork and the increase for network activity fit cause a new bullish wave for BNB, making am a key thing to watch for both short-term trading opportunities and longer-term positioning.
Bullish
De news talk say BNB Chain don break record for how much transaction dem do, plus dem explain Maxwell Hard Fork wey everybody dey wait for. Dat hard fork go bring big big improvements like block time go reduce, finality go better, and AI go help scale up. BNB price just steady above dem key support levels, e don gain 12% recently, and dem get good technical signs (like open interest dey go up and RSI/MACD dey neutral-to-bullish). All dis show say market confidence dey grow. History don show say major network upgrades and plenty on-chain activity normally dey bring bullish momentum, especially when price dey consolidate near resistance levels. Dem dey expect say transaction throughput go double and developers/traders go pay more attention as mainnet upgrade dey near, all dis dey support good outlook. Even if some volume indicators don drop small, de fundamental and technical reasons dey show say BNB dey ready to break out, so both short-term and long-term sentiment dey bullish.