Against the backdrop of a general market collapse, Binance Coin ($BNB ) demonstrates unexpected resilience. While BTC and ETH are losing about 3-5%, BNB holds its ground, adding around +1% in the last day. According to the analysis, this growth is supported by the launch of new projects on Launchpool, which compel users to accumulate and stake the token, creating a supply shortage.
According to Investing.com, BNB trading volumes have increased by 15%, making it one of the few assets with a "positive anomaly" in the top 10. Even in the case of further market correction, BNB appears to be the most stable instrument for hedging risks. ForkLog adds that the RSI technical indicator for BNB is still in the neutral zone, leaving room for growth even with a "red" Bitcoin. BNB once again proves its status as the main utility token of the industry.
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