BNB Surges 5% on Binance Ecosystem Strength as Bitcoin Extends Gains

BNB's impressive 24-hour rally showcases the growing strength of the Binance ecosystem amid broader crypto market optimism.The token's upward momentum coincides with Bitcoin's approach toward new all-time highs and increased activity across the BNB Chain, which recently recorded over 8 million daily transactions and 2 million active wallet addresses. Technical indicators remain bullish for BNB, with strong support established at $682 and multiple tests of this level showing sustained buyer interest despite minor resistance around $684, according to CoinDesk Research's technical analysis data model.Technical Analysis HighlightsPrice action formed a clear uptrend with significant volume spikes at the 15:00 and 16:00 hours on May 21st (183K and 186K respectively) source: https://www.coindesk.com/markets/2025/05/22/bnb-surges-5-on-binance-ecosystem-strength-as-bitcoin-extends-gains