BNB price experienced a significant rally this month, breaching the $700 mark amidst rising trading volumes. This upward movement reflects an increase in investor interest in Binance Coin.
Following this rise, BNB entered a consolidation phase, creating an ascending triangle pattern. This formation often suggests the possibility of continued bullish momentum in the near future.
The recent surge aligns with the broader increase in cryptocurrency trading interest, indicating strong support for BNB's price trajectory.
