BNB’s weekly transaction exceeded 20 million However, the MVRV Ratio and market indicators revealed the possibility of a downtrend Binance Coin’s [BNB] performance of last week did not make investors happy as it registered losses on the chart. However, its metrics soared, as there were several interesting developments in the ecosystem. BNB Chain’s latest tweet […]
As per data from CoinMarketCap, BNB’s price dropped by nearly 7% over the last week. At press time, it was valued at $291.77 with a market capitalization of $46.6 billion.
However, despite the price decline, Santiment’s data revealed that BNB’s daily active addresses registered a spike. This indicated a higher number of users in the network.Considering the nature of the aforementioned updates, BNB could give investors a reason to rejoice.’s Market Value to Realized Value ratio registered a massive downtick over the last week. This indicated a further decline in its price. However, the coin’s development activity rose, which was a positive signal.
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