
BNB has staged a sharp recovery after a volatile week that saw most major cryptocurrencies fall. The token rose more than 11% in the last 24 hours, trading near $1,267 at press time.
A surprise announcement of 100% U.S. tariffs on Chinese imports caused a short-term market crash, sending prices of major digital assets lower. However, BNB has bounced back faster than most, showing strength compared to other large-cap coins.
Analysts said the move shows the continued resilience of the BNB Chain (BSC) ecosystem, which remains active in development and user activity despite broader market stress.
Binance founder Changpeng Zhao (CZ) commented on BNB’s recent performance on social media. He said that unlike many other projects, BNB has no market makers influencing its price.
“Many projects have a market maker. BNB doesn’t. I am not aware of any of my affiliated entities buying or selling BNB in the past days or weeks,” CZ wrote.
He added that BNB’s value comes from its builders, community, and deflationary token model, not coordinated trading or artificial support. BNB regularly burns tokens, reducing supply over time.
BNB dropped to as low as $863 during the market liquidation but quickly recovered above $1,200. On the 4-hour chart, the token has now broken above the EMA10 and MA20 levels, showing a possible short-term trend reversal.
If the price holds above $1,200, the next resistance zone sits between $1,300 and $1,360. Analysts say that staying stable above key moving averages will confirm stronger recovery momentum.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The Ethereum Foundation has officially announced that Devcon 8, the flagship global gathering for Ethereum…
XRP is bouncing back today after a volatile week, rising more than 8% in the…
The global crypto market is beginning to recover, rising slightly to a total valuation of…
Sal Gilbertie, CEO of Teucrium, has sparked excitement in the XRP community after sharing his…
The sub-$1 crypto market is crowded, but few projects combine real utility, security, and growth…
Solana’s climb toward its ambitious $500 projection continues to attract market-wide attention as the asset…