BNB has recently undergone its 29th burn, a crucial event that may spark a new rally in the altcoin market. The burn aims to increase scarcity, potentially boosting the token's value.
However, such a rally is contingent upon breaking through current resistance levels, which could pave the way for reaching new highs in the altcoin's price.
Investors are closely watching these developments, as overcoming resistance would significantly impact market dynamics, potentially leading to optimistic outcomes for BNB's valuation.
