BNB
According to the technical analysis model of Coindesk Research, the BNB series traded in a narrow range, depicting flexibility amidst low volatility as community.
Maxwell hard fork upgrade BNB is ready to increase the performance of BNB Smart Chain for June 30 (BSC) Mainnet is reducing the throughput capacity of the series by cutting the block time from 1.5 seconds to 0.75 seconds.
This upgrade makes upgrade lorentz forms on the earlier milestones, which reduced the block time from 3 seconds and introduced the increased network stability. Maxwell takes the BSc into a sub-second block speed, which helps to compete more directly with sharp chains such as Solana.
The hard forces will be powered by three protocol correction proposals: BEP-524, BEP-563 and BEP-564. These measurements overhall the major components of verification coordination and unanimous mechanics. In particular, the verifications will now work at the long block proposal turn (16 blocks per turn)And the length of the era is being extended from 500 to 1,000 blocks – expected changes to stabilize the performance even in quick conditions.
To avoid network congestion and excessive state growth, the gas range per block will be half to 35 million. Improvements on networking side are also expected, with rapid block proliferation between verifications – within 400 milliseconds – and better range synchronization for lagging nodes.
In the name of physicist James Clerk Maxwell, the upgrade is designed to balance the speed with stability, aims to stand in BNB chain’s DEFI, gamefi and enterprise blockchain areas. Maxwell can help adopt the future in the ecosystem and run the developer development by distributing the more responsible block finality and smooth verification participation.
Technical analysis highlights
- 28 June 15:00 between UTC and 29 June 14:00 UTC, BNB climbed from $ 646.29 to $ 650.25, 0.61% profit with $ 5.75 (0.89%) trading range.
- The price received significant support at $ 647.11 during the 02:00 UTC hour on 29 June, with a volume above an average volume of 10,034 units.
- 12:00 UTC emerged at $ 651.30 during UTC hours, reduced further profit. Volume spikes at 07:00 and 09:00 UTC (18,696 and 22,494 units, respectively) Constant buyers confirmed interest above $ 648.
- From 13:05 to 14:04 UTC on June 29, BNB dipped a slightly from $ 650.85 to $ 650.85 from $ 650.85, posting BNB 0.09% intraday loss.
- Price hit a session peak of $ 651.07 at 13:23 UTC before rejecting a low rejecting 957.81 units at 13:25 UTC.
- Up to 21:24 UTC, BNB traded at $ 648.37, crossing the earlier profit and below resistance to $ 651 level.
Disclaimer: Some parts of this article were generated with assistance from the AI tool and reviewed by our editorial team to ensure accuracy and adherence. Our standardSee for more information Coindesk’s full AI policy,
