The Fermi hard fork upgrade has improved BNB Smart Chain's throughput and finality, and Grayscale has filed for a BNB ETF.
The token's price action shows signs of indecision, with a tight trading range and fading selling pressure.
Binance Coin climbed again over the weekend, pushing past the $900 mark and touching about $907 on Sunday after a sharp 24-hour uptick. Markets were calmer overall, with the broader crypto complex up 0.55% for the day while Bitcoin hovered above $92,000 and Ethereum traded beyond $3,100. Related Reading: Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator Market Reaction To Regulatory Shift According to social posts from Changpeng Zhao, founder and former CEO of Binance who is also known as ‘CZ’, optimism around a possible new crypto cycle helped fuel demand. CZ linked the mood to a regulatory change, saying the Securities and Exchange Commission had removed crypto from its list of priority risks for 2026. Based on reports, that move is being read by some investors as a sign of easing scrutiny, and it appears to have lifted sentiment across tokens. I could be wrong, but Super Cycle incoming. https://t.co/6TLldEMmGA — CZ ???? BNB (@cz_binance) January 10, 2026 Institutional Buying Adds Fuel Reports note sizable institutional flows into Bitcoin products. According to a filing, Wells Fargo bought 383 million of Bitcoin ETF shares, a figure that market watchers flagged as a large institutional stake. Morgan Stanley also filed for its own spot Bitcoin ETF last week, which many see as more proof that big financial players are stepping in. Those actions are being cited by traders as one reason risk assets like Binance Coin could see more interest. Macroeconomic Calendar Could Swing Prices A packed US data week is ahead and traders say it could affect crypto angles. On Monday, the market will watch a speech by the FOMC president. On Tuesday and Wednesday, the US Consumer Price Index and the Producer Price Index are due. Jobless claims come on Thursday, and a Fed balance sheet update lands on Friday. Any big surprise in those numbers can push liquidity flows and quickly change appetite for tokens. Binance Coin: Technical Levels To Watch BNB briefly reclaimed the $900 zone and was reported at $909 in some feeds as the four-hour chart showed a steady climb. Short-term resistance sits near $950, with a psychological barrier at $1,000. Related Reading: XRP Ledger May Get A Tokenized Gold Upgrade, Web3 Founder Reveals Technical indicators offered cautious support for bulls: the MACD showed a bullish crossover with the blue line above the signal line, and the histogram printed positive bars, which suggests buying pressure building. The RSI sat around 56.10, under overbought levels, implying room for more gains. Traders still point to a key support range near $850. A break below that could invite heavier selling and take prices down toward $820. The scenario of a quick pullback is real; prices that move fast up can move fast down. Market participants will be watching both the macro calendar and any fresh regulatory updates for clues. Featured image from Unsplash, chart from TradingView
The token's performance is likely impacted by a civil war within a major BNB treasury firm, where a shareholder is challenging the company's leadership.
YZi accused CEA of mismanagement and poor communication, and is seeking changes to the board, disclosure of treasury holdings, and more.
The BNB Chain's layer-2 network, opBNB, recently completed a major upgrade, the Fourier hard fork, which doubled transaction throughput.
Changpeng Zhao-backed YZi Labs criticized CEA's new poison pill and bylaw changes in a Wednesday post on X.
Technically, BNB is compressed between rising support and a descending resistance zone near $910, indicating a balance rather than a clear direction.
Solana’s price action this year has followed a clear but uncomfortable pattern. After pushing to a new all-time high around the $296 region in January, the rally quickly lost momentum and transitioned into a steady decline that has persisted for months. Many traders have attributed this weakness to a risk-off sentiment across crypto, but a deeper on-chain breakdown shared by crypto analyst Ardi on X suggests the story began well before the January peak and has more to do with who was buying and who was quietly exiting. Distribution Was Already Underway Before The January Peak Solana has been on a clear downtrend since September, when it reached a lower high of around $247 compared to its January 19 all-time high of $293. One of the most important insights from Ardi’s analysis is that Solana’s January all-time high did not mark the start of distribution but rather the culmination of it. Related Reading: Why Has The Solana Price Been Crashing Since October? This Major SOL Player Is Selling The chart attached to his post shows that selling volume was already increasing months earlier, well ahead of October, meaning that large holders were positioning for exits long before price reached its final peak. From that perspective, the January high looks less like the beginning of a new expansion phase and more like the last push of a rally. After that point, price action began forming lower highs, and each rebound attempt lacked the strength needed to reclaim the all-time high. Interestingly, Solana failed to reach a new all-time high, even as other large market cap cryptos like Bitcoin, Ethereum, XRP, and BNB pushed to new all-time highs during the year. Another interesting feature of the data is the widening gap between retail behavior and that of larger players. Cumulative delta metrics on the chart show that retail-sized wallets have been consistently active throughout the year and are increasing their activity even as Solana’s price moved lower. On the other hand, mid-sized and institutional wallets tell a very different story. Their activity has been trending downward for months, starting from the January peak and extending up until the time of writing. Is Solana’s Price Becoming Dependent On Memecoin Activity? Ardi’s analysis also raises a broader question about what is currently driving demand for Solana. Outside of retail activity on Solana itself, one of the few consistent sources of activity has been the memecoin sector. Successes and booms of meme coins like Cat in a Dogs World (MEW), Peanut the Squirrel (PNUT), and Fartcoin (FARTCOIN), which gained traction in the second half of 2024, contributed to Solana’s push to all-time highs during those periods. Related Reading: Will Solana Flip Ethereum? Revenue Numbers Show Disturbing Trend Those meme coin successes culminated with the launch of the Official Trump ($TRUMP) token in January 2025 on Solana, which experienced eye-watering gains shortly after its launch. This, in turn, contributed to Solana’s all-time high in January. However, since then, the TRUMP token and other Solana-based meme coins have been trending downwards in recent months and no longer command the same level of attention or trading intensity they had this time last year. That has led to the view that Solana’s price is increasingly sensitive to the success of memecoins in its ecosystem. At the time of writing, Solana is trading at $121.50, down by about 58.6% from its January all-time high of $293. Featured image from iStock, chart from Tradingview.com
The decline comes as bitcoin sank back to $87,000 in Tuesday trade.
An FT report alleged Binance failed to stop suspicious transactions, despite agreeing to pay $4.3 billion to settle a U.S. criminal case in 2023.
BNB has slipped below its long-standing bullish trendline, raising fresh concerns about a deeper pullback. However, the selloff is unfolding right into a key support zone, where multiple technical signals hint that buyers may be preparing for a counter-move. With breakdown risk clashing against early rebound signs, BNB now sits at a pivotal moment that could define the next major move. Bullish Trendline Break Signals A Change In BNB Market Character According to crypto analyst Marcus Corvinus, BNB has just experienced a significant structural shift by losing its long-held bullish trendline. This technical break is a critical development that is rapidly changing the market mood from optimism to caution, as a primary support trendline has been invalidated. Related Reading: BNB Rebound Underway? Price Caught Within A Head And Shoulders Pattern The analyst noted that while the price had been respecting this upward trend for a considerable period, this decisive break indicates that buyers are finally losing control. Momentum is visibly cooling off, providing sellers with the necessary opening to press and take command of the short-term price action. Corvinus warned that if the price fails to reclaim the broken trendline, the path will likely open for a much deeper move to the downside. He emphasized that this current behavior appears to be a fundamental shift in market structure rather than just a typical small pullback, suggesting a more prolonged period of weakness. Thus, the market has now entered a caution zone, with the analyst noting that bears are knocking on the door of lower support levels. The next major reaction from the market will be the deciding factor in whether BNB can recover its uptrend or embark on a new, sustained bearish trajectory. Confluence Emerges At Key Support Zone In a recent update shared on X, analyst Batman revealed that BNB is currently carving out a highly attractive long setup. The asset is exhibiting a rare alignment of multiple technical indicators, suggesting that the current price level may serve as a powerful launchpad for the next leg up. Related Reading: Binance Coin (BNB) Extends Pullback as Meme-Coin Rug Pulls Sting BNB Chain This setup is rooted in a confluence of support levels. Specifically, BNB is resting within a strong bullish Fair Value Gap (FVG). This high-interest zone has seen a positive reaction from the market, as the price tapped the 0.618 Fibonacci retracement level. To further bolster the bullish conviction, the momentum oscillators have aligned with the price action. Batman pointed out that the Stochastic indicator has officially formed a bullish divergence followed by a golden cross. Significantly, this combination signals that selling exhaustion has been reached and that buyers may be regaining control, thereby paving the way for a potential sustained price recovery. Featured image from Adobe Stock, chart from Tradingview.com
The token's short-term price action is sluggish, with trading volume spiking during sell-offs. Technical charts show support at $830 and resistance at $845.
The decline was accompanied by sharp volatility in bitcoin and weakness in U.S. tech stocks, suggesting a return of risk-off sentiment.
Market participants are watching whether BNB can hold above $870 and challenge resistance at $880, with a break higher potentially targeting $900.
The decline appeared technical, rather than tied to BNB-specific negative news, and was accompanied by a wider crypto market downturn.
As Pakistan continues to deepen its involvement in the digital asset landscape, the country has signed a memorandum of understanding (MoU) with crypto exchange Binance, aiming to explore the tokenization of up to $2 billion in sovereign bonds, treasury bills, and commodity reserves to enhance liquidity and attract foreign investors. $2 Billion Asset Tokenization Initiative According to Reuters, the agreement sets the stage for a potential collaboration focused on allowing the tokenization and blockchain-based distribution of various real-world assets (RWAs) held by the Pakistani government. These assets may include sovereign bonds, treasury bills, and a range of commodity reserves such as oil, gas, metals, and other raw materials. Related Reading: Crypto Market Dips: The Reasons Behind Bitcoin Plunge Below $90,000 Despite FOMC Optimism The country’s finance ministry, Muhammad Aurangzeb, indicated that while the initiative could involve assets valued at up to $2 billion, final approval is still pending. The goal is to improve liquidity, transparency, and access to international markets for these assets. Aurangzeb remarked that the memorandum of understanding signifies Pakistan’s commitment to a reform-oriented economic trajectory and establishes a long-term partnership with Binance. Binance founder Changpeng Zhao expressed optimism about the agreement, calling it “a great signal for the global blockchain industry and for Pakistan.” He suggested that this partnership marks the beginning of a significant shift toward fully implementing the tokenisation initiative. PVARA Provides Initial Clearance For Binance And HTX In addition to this MoU, Pakistan has granted initial clearance for Binance and cryptocurrency exchange HTX, to register with local regulators as part of their efforts to establish domestic subsidiaries. This step allows both companies to prepare applications for full exchange licenses. The Pakistan Virtual Assets Regulatory Authority (PVARA) provided these early approvals after assessing the governance and compliance frameworks of both platforms. Chairman Bilal bin Saqib indicated that these clearances initiate Pakistan’s phased licensing process, emphasizing that the strength of compliance will play a crucial role in determining which exchanges will proceed. This move comes as Pakistan accelerates its digital finance overhaul, which has included the formation of the Pakistan Crypto Council and the establishment of the PVARA, alongside the drafting of a formal licensing regime. Related Reading: Report Reveals 65% Of Bitcoin Treasury Companies Struggling With Major Unrealized Losses As Bitcoinist reported at the time, Pakistan’s growing involvement in digital assets drew the attention of industry leaders such as Michael Saylor, co-founder of the Bitcoin proxy firm Strategy, who praised the country’s efforts and described it as a sign that the country understands how to handle this new market. Notably, Pakistan ranks as the world’s third-largest cryptocurrency market by retail activity, according to Saqib. The government is also planning a pilot program for a central bank digital currency (CBDC) and a comprehensive Virtual Assets Act. At the time of writing, the exchange’s native cryptocurrency, Binance Coin (BNB), is trading at $878, down 35% from all-time highs just above $1,369. Featured image from DALL-E, chart from TradingView.com
The token is now trading in a tight range, with buyers defending the $864-$867 zone and sellers capping gains near $868.50.
Binance has launched a private indication of interest feature for large spot and loan orders, saying it is the first crypto exchange to do so.
Despite uncertainty and a lack of breakout, BNB's fundamentals may be supportive, with recent developments support a bullish case.
The hacker spent 19,479 USDT to buy 21.16 million of the tokens, making around $55,000 from the subsequent pump, according to Lookonchain.
The token is trading in a sideways range, holding above recent lows near $896, while a breakout above $920-$928 resistance could push BNB toward $1,000.
Predict.fun aims to fix prediction markets’ biggest inefficiency, user funds sitting idle for weeks or months without earning yield, while tapping the large userbase of BNB Chain.
Price action remains stable, consolidating below $900, amid tension between weak fundamentals and upcoming upgrades.
The recovery lifted BNB above multiple resistance zones, but the relatively low volume behind the move may limit follow-through as traders watch the $870 level.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The token is now rangebound, attempting to stabilize around $950, but analysts see a head-and-shoulders pattern forming, potentially indicating downside ahead.
BNB’s price is showing signs of a rebound but remains trapped within a head and shoulders pattern. This setup could decide whether the token continues higher or faces another pullback in the coming sessions. Head and Shoulders Pattern Signals Possible Downside Move Crypto analyst Batman highlighted in a recent update on X that BNB is currently forming a Head and Shoulders (H&S) pattern on the lower timeframe chart. This classic top formation is a significant bearish signal, strongly indicating that the immediate upward momentum is failing and a structural reversal may be imminent as sellers gain control of the asset. Related Reading: Weak Wave, But Strong Intent: BNB Bulls Poised To Challenge The $1,300 Zone Supporting this bearish outlook, Batman identifies an unfilled Fair Value Gap (FVG) situated just below the current price action. In market mechanics, an FVG acts like a “price magnet,” representing an inefficiency that the market is highly likely to return to and fill. This powerful confluence of the H&S pattern and the unfilled FVG makes a deeper move lower in the very near future extremely probable. Crucially, Batman views this predicted move down not as a market failure, but rather as a necessary retracement that finalizes the setup for a high-value entry. If the market delivers this anticipated pullback, it will create a perfect confluence for a long position, turning the immediate bearish scenario into a strategic opportunity. This expected retracement is structurally significant because the target lines up perfectly with two critical support metrics: a key Fibonacci level and a major Order Block (OB) zone, which proves solid for initiating a long position. BNB Finds Relief After Prolonged Downtrend In a more recent post, BitGuru shared an insightful analysis of BNB’s ongoing market behavior, highlighting a significant shift in its price structure. According to Bitguru, the cryptocurrency has likely formed a major low around the $864 level after enduring a strong downtrend followed by an extended consolidation period. This region appears to have acted as a crucial accumulation zone where selling pressure weakened and buyers started to show renewed confidence. Related Reading: BNB Reclaims $1,100 As Binance Founder Receives Presidential Pardon – New Rally Coming? BitGuru observed that BNB is currently showing stability near the $950 level, suggesting that the market may be entering a phase of gradual recovery and that buyers are slowly regaining control. This stabilization is often an early signal that sentiment is turning bullish, especially as volume begins to build in favor of the buyers. Looking ahead, BitGuru believes that if the $950 support holds, there’s room for a potential rebound toward the $1,050–$1,100 range. A sustained move in this direction would likely confirm growing market strength and could even mark the beginning of a medium-term uptrend. Featured image from Adobe Stock, chart from Tradingview.com
Despite the bounce, the token's broader setup remains cautious, with resistance building near $980 and subdued volume suggesting a lack of conviction.
The token's decline continues a downward trend, with resistance at $1,000-$1,008 and support at $972.85.