BNB Chain Surpasses 650M Unique Addresses – Binance Adoption Continues

Binance is once again in the spotlight as its native token, BNB, tests a crucial level after recently reaching fresh all-time ￰0￱ momentum has been strong, with bulls showing resilience and holding price action above former resistance, now turned into ￰1￱ behavior signals the continuation of a broader bullish trend, one that has defined Binance’s performance through much of ￰2￱ Reading: Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours However, what makes this moment even more significant is not only the price but also the underlying fundamentals of the BNB ￰3￱ analyst Darkfost highlighted a major milestone that underscores BNB’s growing ￰4￱ BNB Chain has officially crossed 650 million unique addresses—wallets that have carried out transactions on the ￰5￱ achievement is a true testament to the scale of Binance’s reach in the blockchain space and highlights the network’s growing importance in global crypto ￰6￱ growth in user activity mirrors the strong price action seen this year, reinforcing the narrative that BNB remains one of the most widely used and trusted blockchains in the ￰7￱ bulls defending critical levels and network adoption soaring, Binance now faces a pivotal stage that could determine the sustainability of its current bullish ￰8￱ Adoption And Market Outlook According to Darkfost, Binance’s latest milestone of surpassing 650 million unique addresses is more than just a number—it is a testament to adoption, user activity, and the strong interest surrounding the Binance ￰9￱ achievement underscores how deeply embedded BNB has become within the broader blockchain space, solidifying its reputation as one of the most widely used networks ￰10￱ a market perspective, Binance continues to stand out as one of the few altcoins that has already exceeded its previous 2021 all-time highs, doing so back in June ￰11￱ makes BNB unique compared to most other large-cap cryptocurrencies, which are still battling to reclaim their former ￰12￱ above these levels reinforces investor confidence and highlights the strength of its underlying fundamentals, especially given the network’s rapid adoption and consistent activity ￰13￱ broadly agree that the uptrend for BNB is intact and likely to continue if adoption metrics remain strong.

However, there is a recognition that broader market conditions could still introduce risk. A potential correction across crypto markets could bring BNB back to retest lower support levels, even if its fundamentals remain ￰14￱ now, the balance between bullish momentum and market-wide caution will define Binance’s short-term ￰15￱ Reading: Bitcoin Mirrors Historical Pullback Ranges – Healthy Correction Or Trouble Ahead? BNB Price Testing Momentum After ATH The chart shows Binance Coin (BNB) trading around $853 after pulling back slightly from recent highs near $880. Despite the correction, BNB remains firmly above its key moving averages, with the 50-day SMA trending strongly upward and providing dynamic support around the $780–$800 ￰16￱ setup reflects a healthy bullish structure, with the coin consolidating after an extended ￰17￱ breakout above $800 earlier in August marked a critical moment, pushing BNB into new all-time high territory not seen since June ￰18￱ short-term momentum has cooled, the higher lows established since mid-July suggest that bulls are maintaining ￰19￱ now, immediate resistance lies at $880, the recent peak, while support rests at $820 and further down at $780.

Related Reading: Binance Network Activity Outpaces Ethereum As Active Addresses Double Since April If BNB holds above the $820–$800 zone, the bullish case remains intact, with a possible retest of the $900 level in the coming weeks. However, a break below $780 could invite a deeper correction toward $700, especially if broader market conditions turn ￰20￱ remains one of the strongest large-cap performers, but volatility will likely persist as it tests this new ￰21￱ image from Dall-E, chart from TradingView