BNB has surged nearly 12% over the past month, showing resilience with strong support around $682 as activity within the Binance ecosystem bolsters market sentiment. The recent rally aligns with Bitcoin’s ongoing ascent, pushing the broader crypto market into an optimistic phase. BNB Chain reported a record 8 million daily transactions and 2 million active wallets, enhancing confidence among investors. Technical indicators suggest a bullish outlook for BNB, with notable support at $682 and resistance around $684. This includes significant volume spikes observed in trading hours leading up to May 22, highlighting robust buyer interest. Despite some resistance encountered near $689.35, BNB maintained support at $679.08, indicating sustained upward momentum. The consolidation around $682.28 shows a temporary balance after volatility. Overall, BNB's performance reflects strong fundamentals within the Binance ecosystem amid a supportive macro environment for cryptocurrencies.

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