BNB falls below $900 even after network upgrade, ecosystem developments as market declines

The BNB Chain's layer-2 network, opBNB, recently completed a major upgrade, the Fourier hard fork, which doubled transaction throughput.

What to know:

BNB fell below $900 amid a broader market decline, even after recent technical upgrades and ecosystem developments on the BNB Chain.

The BNB Chain's layer-2 network, opBNB, recently completed a major upgrade, the Fourier hard fork, which doubled transaction throughput and cut block times in half.

To regain bullish momentum, BNB needs to break out of its current downtrend and reclaim resistance levels near $906, otherwise it may face further pressure toward $892.

BNB slipped below $900 after a day of steady losses and heavy selling in the entire cryptocurrency market, despite several technical upgrades and ecosystem developments across the BNB Chain.#WriteToEarnUpgrade #BNBChainEcosystemRally #ZTCBinanceTGE