BNB Chain Outpaces Solana in DEX Trading Volume

BNB Chain has surpassed Solana in 24-hour decentralized exchange (DEX) trading volume, signaling a market activity shift. This increase reflects growing investor interest in BNB’s ecosystem, showcasing strong buying momentum across the broader crypto market.

Additionally, BNB’s price has surged significantly, breaking key resistance levels and maintaining an upward trend. As trading volume rises, investors are looking for potential breakout points and key technical indicators to predict the next price movement.

> This 7 minute video from a year ago should be one prompt to an AI bot now. I think there are a couple of them already on BNB chain. Let’s see some videos of those? https://t.co/YOHQmmEnDi
> — CZ 🔶 BNB (@cz_binance) March 17, 2025

Why Is BNB’s Price Going Up?

BNB is currently trading at $636.28, marking a 6.55% increase in the last 24 hours. This upward trend indicates strong bullish momentum as the price approaches new resistance levels.

Sources: CoinMarketCap

This price rise coincides with a broader market recovery, as buyers demonstrate confidence in BNB’s long-term potential. The increasing trading volume reinforces this trend, revealing consistent investor interest.

Key Price Levels for BNB

BNB has established solid support between $600 and $610, a historically strong buying area. A minor support level has also emerged at $620, where the price stabilized before this latest rally. If BNB remains above $630, it may test the resistance level at $640, which is currently a significant barrier.

If BNB breaks above $640, the next target range lies between $650 and $660—areas likely to see profit-taking. Conversely, if the price falls below $620, it might return to test $610 or lower levels. Traders are closely monitoring these price movements to anticipate potential breakouts.

Technical Indicators Support a Continued Uptrend


BNB’s Relative Strength Index (RSI) is at 55.87, indicating growing bullish momentum. Since the RSI is above 50 but below 60, there’s still potential for price increases before reaching overbought conditions. A crossover above 60 would confirm a strong upward trend, potentially attracting more buyers.

The Moving Average Convergence Divergence (MACD) indicator also hints at buying interest, with the MACD line crossing above the signal line, indicating upward price movement. Additionally, the histogram is turning positive, further supporting the likelihood of sustained buying pressure.

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