Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
BNB token ticks higher as technical upgrades
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
BNB token ticks higher as technical upgrades
BNB token ticks higher as technical upgrades frame tight price compression
BNB token ticks higher as technical upgrades frame tight price compression
Technically, BNB is compressed between rising support and a descending resistance zone near $910, indicating a balance rather than a clear direction.
By CD Analytics, Francisco Rodrigues|Edited by Stephen Alpher
Jan 5, 2026, 4:33 p.m.
"BNB rose 1.7% to $901.83 on volume surge but hit resistance and showed signs of consolidation near $902-$908."
What to know:
- BNB rose 1.7% to around $906, consolidating between $890 and $910, with steady demand and expanding trading volume during the push through $900.
- Technically, BNB is compressed between rising support and a descending resistance zone near $910, suggesting a balance rather than a clear direction, with neither buyers nor sellers in control.
- Traders are also monitoring developments on the BNB Chain, including a 2026 technical roadmap that targets increased throughput and lower fees.
BNB extended recent gains over the last 24-hour period up 1.7% and trading around $906.
Price action over the period reflected steady demand rather than a straight breakout, according to CoinDesk Research's technical analysis data model. BNB posted a sequence of higher lows and spent much of the period consolidating between the high-$890s and low-$900s.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Trading volume expanded during the push through $900, then eased as the price probed higher levels, suggesting buyers were less aggressive near resistance.
Technically, BNB remains compressed between two well-defined boundaries. Rising support from December’s lows continues to underpin the price, while a descending resistance zone near $910 has capped follow-through. The structure points to balance rather than direction, with neither side yet in control.
Beyond charts, traders are also weighing developments on the BNB Chain itself. The network’s 2026 technical roadmap aims for a throughput of more than 20,000 transactions per second, achieved through enhancements such as parallel execution and a new client architecture.
The aim is to lower fees and reduce confirmation times, a shift that could matter if developers and users respond as intended. Attention is also focused on the Fermi hard fork scheduled for mid-January.
The upgrade adjusts system parameters and requires validators to update their software. While such forks are routine, they often coincide with short-term volatility as the market reassesses risk.
For now, BNB’s price near $906 reflects that tension. The market is digesting a recent move higher while waiting to see whether technical pressure or network progress sets the next tone.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
AI Market InsightsBNBTechnical Analysis
More For You
KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market
Commissioned byKuCoin
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
View Full Report
More For You
Goldman Sachs sees regulation driving next wave of institutional crypto adoption
Regulatory clarity and expanding use cases beyond trading are setting the stage for deeper institutional participation in digital assets, the bank said.
What to know:
- Goldman Sachs said regulatory reform is the biggest catalyst for institutional crypto adoption.
- Crypto infrastructure firms stand to benefit from ecosystem growth, and are less exposure to trading cycles.
- Market structure legislation in 2026 could unlock tokenization, DeFi and broader institutional flows, the bank said.
Read full story
Latest Crypto News
Goldman Sachs sees regulation driving next wave of institutional crypto adoption
Robinhood leaning into advanced traders as crypto volatility reshapes user behavior
Bitcoin rally masks fragile liquidity as spot volumes hit year-long lows
Bitcoin eyes $94,000 as crypto prices manage early U.S. gains for second straight session
Japan’s finance minister says she supports crypto trading at stock exchanges
Crypto traders can now speculate on housing prices through Polymarket
Top Stories
Bitcoin eyes $94,000 as crypto prices manage early U.S. gains for second straight session
Memecoin comeback talk builds as DOGE, SHIB, BONK rally in early 2026
Goldman Sachs upgrades Coinbase to buy, cuts eToro to neutral
Strategy boosted bitcoin holdings and cash reserve last week
Goldman Sachs sees regulation driving next wave of institutional crypto adoption
Crypto wallet firm Ledger faces customer data breach through payment processor Global-e
Market Opportunity
Binance Coin Price(BNB)
$884.7
$884.7$884.7
USD
Binance Coin (BNB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
USD/CHF remains bid near 0.8000 despite Swiss CPI’s uptick
The post USD/CHF remains bid near 0.8000 despite Swiss CPI’s uptick appeared on BitcoinEthereumNews.com. The US Dollar maintains its upside trend against the Swiss
Share
BitcoinEthereumNews2026/01/08 18:05
XRP sees 2,802 whale transactions over $100k, highest in three months
Santiment data shows that XRP whale activity reached 3-month highs with nearly 2,802 transactions worth over $100,000 recorded on January 7, signaling rising volatility
Share
Cryptopolitan2026/01/08 18:31
Yarbo at CES 2026: Building a Scalable, AI-Driven Yard Robot System for Every Home
Yarbo is steadily building and occupying mindshare around the “yard robot system” category. This is demonstrated by their latest introduction of the Yarbo M Series
Share
Techbullion2026/01/08 18:24