BNB Tops $920 as Volume Surges Ahead of Fermi Hard Fork
BNB broke above $920, rising 2% over 24 hours, as the broader crypto market gained momentum with the CoinDesk 20 (CD20) index climbing 5.3%. Trading volume jumped 66% above average during resistance tests near $908, signaling growing investor demand ahead of a major network upgrade.
The Fermi hard fork, scheduled for Jan. 14, will shorten block times from 750 milliseconds to 450 milliseconds and enhance transaction throughput. The upgrade aims to raise BNB Chain’s capacity to 20,000 transactions per second, strengthening its position for high-speed decentralized applications in finance, AI, and other sectors.
BNB reached an intraday high of $921.47 before consolidating. Having cleared the $906–$910 resistance range, the next target sits at $928, with bulls eyeing a potential move toward $1,066 if momentum continues.
