BNB surpasses Ethereum as the most active series – will you nourish a new ATH? star-news.press/wp

Main meals

Active BNB addresses increased by 6.7 %, while flows of $ 20 million supported demand. The derivatives remained up, although the charts showed $ 855 – 850 dollars as a major support before another gathering towards ATHS.

Within the past 24 hours, the Binance Coin (BNB) fell by 2.02 % to 862 dollars despite maintaining a strong performance per month, as it recorded a profit of 13.04 %.

The analysis showed that the mutation in the active headlines was identical to the market interest, as the deployment of capital remained high. Ampcrypto analyzed whether this momentum could push BNB to the highest new level.

Activity and volume of a rise

The BNB series led EVM chains in active addresses last week, according to Nansen.

At the time of the press, the active headlines amounted to 10.8 million, a weekly increase of 6.7 %. This gave BNB 4.1 million to the base with 6.7 million. Ethereum is late in 2.7 million during the same period.

Source: Nansen

This activity was reflected in trading sizes. The BNB series witnessed a significant increase, as it amounted to $ 1.988 billion in daily size, while its performance for 30 days amounted to $ 58 billion, according to Davil.

It also translated positive activity on the chain into other areas of the market.

Flow liquidity Rally support

Of course, the strength of the activity in the flow of liquidity was spared.

Over the past 48 hours, and investors withdraw ~ 20 million bnb dollars from stock exchanges to private portfolios.

Source: Coinglass

The derivative traders also joined the merchants.

The suggestive financing rate remains the open interest in a positive area, with a reading of 0.0099 %.

This indicates that the long traders were paying financing fees for short traders, which reflects the upward morale as the market preferred long.

Ampcrypto assessed the potential effect of these upward trends across the different markets on the BNB price through short -term analysis.

It is still high in all ages playing

Planning patterns indicate that despite the upscale expectations, BNB can see a short -term withdrawal before targeting new levels.

The first support lies in the range of $ 855 – 850 dollars. The decrease in this region can be a starting point for another crowd and perhaps the highest new level ever.

Source: Trading Offer

However, if the offers are thin, BNB may decrease to the rising support line that raised six previous marches. Currently, the graph involves preparing a “decline in willingness” as a basic case.