BNB has dropped over 2% in the last 24 hours, falling from $1,308 to $1,255, before rebounding to $1,270 driven by high volume and memecoin Close Position. Despite a record daily Gas usage of 5 trillion driven by 24 million swap trades, the Token still struggles to reclaim the $1,320 resistance level. The new 0.05 Gwei Gas fee standard has lowered the cost of on-chain transactions, while corporate accumulation (such as the 480,000 BNB held by CEA Industries) has supported a recent monthly rise of 45% for BNB, making it the third largest Crypto Asset.

BNB-1.25%
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