BNB has been one of the strongest performers in recent weeks, standing out even as the broader crypto market struggles to find 0 this market downturn, key metrics continue to validate BNB’s sustained momentum and network 1 to data shared by analyst CryptoOnchain, the BNB Smart Chain (BSC) reached a historic milestone on October 13th, recording 3.62 million daily active addresses — the highest in its 2 Reading: Paxos Mints 300 Trillion PYUSD By Error – Here’s What Happened This surge in on-chain activity comes after months of steady price appreciation that began in June and accelerated rapidly after 3 timing is notable: the spike in active addresses closely followed BNB’s price peak at $1,311 on October 8th, revealing a powerful correlation between network growth and market 4 data suggests that as BNB’s price rose, it sparked heightened user engagement across the BSC ecosystem — possibly driven by increased trading activity, DeFi interactions, and retail 5 the network now showing record participation, analysts are watching to see if this momentum can hold through the current 6 activity above these levels could reinforce market confidence and establish stronger structural support for BNB’s long-term 7 Network Data Shows Tight Correlation Between Price And On-Chain Activity According to CryptoOnchain, recent data shows that since September 2025, the relationship between BNB’s active addresses and its price has entered a new and more synchronized phase.
Historically, these two indicators fluctuated independently — price rallies often occurred without a matching rise in network activity, and vice versa. However, over the past month, this pattern has shifted 8 chart now shows the active addresses (green area) and the BNB price (yellow dashed line) moving almost in perfect tandem. Interestingly, the BNB price peaked a few days before network activity, suggesting that the rally likely triggered a surge of user participation — a classic case of FOMO driving engagement across the BNB Smart 9 behavioral pattern often signals growing retail involvement and can reinforce bullish sentiment in the short 10 said, recent data shows a modest 11 BNB price has corrected to around $1,212, while daily active addresses have dropped slightly below 3 12 pullback raises a key question: can the network sustain this elevated level of activity?
Maintaining user engagement above the 3 million threshold could help establish a strong support zone for BNB’s price. Conversely, a significant drop in active addresses might indicate a local top and the beginning of a deeper 13 Reading: New Wallets Move Over $160M In Bitcoin From Binance And FalconX – Details BNB Price Tests Key Support After Sharp Correction BNB is undergoing a significant pullback after weeks of strong 14 shown in the chart, the price has dropped roughly 8.4%, closing near $1,049, marking one of the steepest single-day declines since early 15 correction follows a parabolic rally that peaked at $1,311, with current price action suggesting that the market is entering a consolidation 16 the short-term drop, BNB remains structurally bullish as long as it holds above its 50-day moving average (currently near $1,018).
This dynamic support aligns closely with the prior breakout zone from September, making it a crucial area to monitor. A decisive loss of this level could open the door for a deeper retracement toward $900, where the 100-day moving average 17 Reading: Bitcoin Whale Closes $197M Short, But The Game Might Not Be Over The rapid ascent over the past two months likely triggered profit-taking among traders, as momentum indicators hinted at overextension. However, the longer-term trend remains intact, supported by the 200-day moving average rising steadily near $768. If BNB stabilizes above $1,000 and recovers momentum, the bulls could attempt another push toward the $1,200–$1,250 18 now, maintaining the $1,000 psychological level is key to sustaining market 19 image from ChatGPT, chart from 20
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