{"id":2960,"date":"2025-06-15T17:53:11","date_gmt":"2025-06-15T17:53:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/binance-coin-stalls-as-bnb-smart-chain-surges-past-ethereum-and-solana\/"},"modified":"2025-06-15T17:53:12","modified_gmt":"2025-06-15T17:53:12","slug":"binance-coin-stalls-as-bnb-smart-chain-surges-past-ethereum-and-solana","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/binance-coin-stalls-as-bnb-smart-chain-surges-past-ethereum-and-solana\/","title":{"rendered":"Binance Coin stalls as BNB Smart Chain surges past Ethereum and Solana"},"content":{"rendered":"
\n

The price of Binance Coin has fallen from its highest point in May despite a surge in its active users, transactions, and decentralized exchange volume.<\/p>\n

Binance Coin (BNB) token dropped to $650 today, June 15, down by 6.70% from its highest point this year and 18% from the year-to-date high.<\/p>\n

Nansen data shows that BNB Smart Chain has become the fastest-growing chain in the last 30 days. It handled over 405 million transactions, up by 243% from the same period a month earlier.\u00a0<\/p>\n

BSC\u2019s transaction count was much higher than all the other blockchains except Solana (SOL), which handled over $1.9 billion in the same period.\u00a0<\/p>\n

Its transaction grew as the number of active addresses on the network jumped. Its monthly transactions rose by 17% to 21.9 million, higher than most blockchains, including Ethereum (ETH) and Tron (TRX). This growth led to a 3% fee increase, as it made $14.8 million.\u00a0<\/p>\n

<\/source><\/p>\n<\/picture>
Chain transactions, addresses, and fees | Source: Nansen<\/a><\/figcaption><\/figure>\n

BNB Smart Chain has also overtaken Solana and Ethereum regarding decentralized exchange volume. Data shows<\/a> that protocols on its platform handled over $147 billion in volume in the last 30 days. This volume exceeded Sona\u2019s $79 billion and Ethereum\u2019s $65 billion.<\/p>\n

<\/p>\n

PancakeSwap, its biggest DEX platform, has overtaken popular exchanges like Uniswap, Raydium, and Aerodrome. It handled<\/a> over $3.3 billion in the last 24 hours, higher than Uniswap\u2019s $1.7 billion, Raydium\u2019s $545 million, and Aerodrome\u2019s $343 million.\u00a0<\/p>\n

Rising BSC transactions is important for BNB price because it leads to higher fees, which contribute to its burn rate.<\/p>\n

BNB price technical analysis<\/h2>\n
<\/source>
\n\"BNB\n<\/picture>
BNB price chart | Source: crypto.news<\/figcaption><\/figure>\n

The 12-hour chart shows that the BNB token price has come under pressure in the past few weeks. It is consolidating at the 100-period moving average and slightly above $644, the highest swing on March 25.\u00a0<\/p>\n

BNB price has formed a bullish pennant pattern, comprising of a vertical flagpole and a symmetrical triangle. The two lines of this triangle have a long way to converge, meaning that its price will likely continue consolidating for a while.\u00a0<\/p>\n

BNB will then bounce back, and possibly retest the key resistance at $697.55, its highest point on May 27. A drop below $625, the lowest point on June 5, will invalidate the bullish forecast.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

The price of Binance Coin has fallen from its highest point in May despite a surge in its active users, transactions, and decentralized exchange volume. Binance Coin (BNB) token dropped…<\/p>\n","protected":false},"author":1,"featured_media":491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=2960"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2960\/revisions"}],"predecessor-version":[{"id":2961,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2960\/revisions\/2961"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/491"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=2960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=2960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=2960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}