BNB trading price is around $935, having previously pulled back and now rebounding, which aligns with the BNB Foundation's plan to burn approximately 1.37 million tokens in the 34th quarter. On-chain data shows network growth, with total value locked (TVL) rising to $7.102 billion, and the number of transactions reaching 18.6 million, supporting the demand for the token. From a technical perspective, BNB price has held above key exponential moving averages (EMA), with the relative strength index (RSI) at 62, indicating an upward trend; if it breaks through $950, it is expected to test $1050.
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BNB trading price is around $935, having previously pulled back and now rebounding, which aligns with the BNB Foundation's plan to burn approximately 1.37 million tokens in the 34th quarter. On-chain data shows network growth, with total value locked (TVL) rising to $7.102 billion, and the number of transactions reaching 18.6 million, supporting the demand for the token. From a technical perspective, BNB price has held above key exponential moving averages (EMA), with the relative strength index (RSI) at 62, indicating an upward trend; if it breaks through $950, it is expected to test $1050.