BNB Recovers 4% as Fundamentals Improve and Geopolitical Fears Fade
BNB rallied over 4% from recent lows, recovering from $631 to $657, as investor attention shifted back to fundamentals after geopolitical tensions surrounding Donald Trump and Elon Musk showed signs of cooling.
The rebound follows a period of volatility but comes amid clear signs of strength within the BNB Chain ecosystem. A Messari report highlights that daily active addresses surged 26.4% to 1.2 million, while Q1 2025 revenue jumped 58% to $70.8 million, underscoring growing network activity and fee generation.
Technically, the $650 level acted as a strong support zone, with a fresh short-term pivot now forming near $654. A sustained push above $657 could shift the trend in favor of bulls, with eyes on the $662–$665 resistance band.
Binance’s ongoing June hackathon, which focuses on emerging areas like DeSci and DePIN, is adding further momentum to the platform’s developer engagement narrative.
Markets may remain rangebound ahead of the U.S. CPI report on Wednesday, which could dictate risk sentiment in the short term. For now, BNB’s recovery is holding—backed by strong metrics and improving sentiment.
