BNB price saw a decline of 1.45% during the U.S. trading session on Wednesday, reflecting a broader market pullback. Despite the bearish movement, the cryptocurrency's retesting of key resistance points indicates the potential for a future rally.
Additionally, Binance's launch of a Pre-Market service is expected to increase user activity and transaction volume. This boost in usage could significantly raise the demand for BNB and potentially pave the way for its price to target the $800 mark.