BNB breaks $910 resistance on wider crypto market rally momentum
BNB broke through a closely-watched resistance zone over the past 24-hour period, climbing 2% to top $920 amid a wider cryptocurrency market rise that saw the broader CoinDesk 20 (CD20) index move up 5.3%.
The rally comes ahead of the Fermi hard fork, which is currently scheduled for Jan. 14. The upgrade will reduce block times from 750 milliseconds to 450 milliseconds and improve how the network processes transactions.
Its goal is to boost BNB Chain’s capacity to 20,000 transactions per second, making it a stronger contender for developers working on high-speed decentralized applications in areas like finance and artificial intelligence.
On the technical side, BNB reached an intraday high of $921.47 before stabilizing. Trading volume…
