BNB
According to Coindesk Research’s technical analysis model, Sunday’s trading range is within the narrow range of Sunday’s scope, reflecting lower volatility as the BNB chain community prepares for major infrastructure upgrades.
this Maxwell Hard Fork Upgrade Planned to be held on June 30, preparing to improve the performance of BNB smart chain (BSC) The mainnet doubles the throughput of the chain by cutting the block time from 1.5 seconds to 0.75 seconds.
This upgrade builds on early milestones such as Lorentz Fork, which reduces block time from 3 seconds and introduces enhanced network stability. Maxwell moved BSC to subsecond obstacle speed, helping it compete more directly with faster chains like Solana.
The hard fork will be powered by three protocol improvement recommendations: BEP-524, BEP-563 and BEP-564. These metrics overhaul the key components of validator coordination and consensus mechanics. It is worth noting that validators will now offer longer block proposal turns (16 blocks per turn)the length of the period extends from 500 blocks to 1,000 blocks – even under accelerated conditions, the expected changes will stabilize performance.
To avoid network congestion and excessive state growth, gas limits per block will be reduced from 70 million to 35 million. Improvements on the network side are expected to be made, with blocks propagating faster between validators (in 400 milliseconds) and improved range synchronization of lagging nodes.
The upgrade is named after physicist James Clerk Maxwell, aiming to balance speed and stability, and aiming to enhance the BNB chain’s position in the Defi, GameFi and Enterprise blockchain fields. By providing more responsive barrier finality and smoother validator engagement, Maxwell Hard Fork can help drive future adoption and developer growth across the ecosystem.
Technical analysis highlight
- Between 15:00 UTC on June 28 and 14:00 UTC on June 29, BNB climbed from $646.29 to $650.25 with a return of 0.61% at $5.75 (0.89%) Transaction scope.
- The price was $647.11 for the main support during the 02:00 UTC hour on June 29, which is above 10,034 units.
- Within 12:00 UTC hours, the appearance of the resistor is at $651.30, limiting further gains. (18,696 and 22,494 units, respectively) Confirmed ongoing buyer interest rates above $648.
- From June 29, UTC went from 13:05 to 14:04, BNB was slightly lower than $650.25 from $650.85, releasing a 0.09% intraday loss.
- Price briefly hit a $651.07 peak at 13:23 UTC, and then rejected Lows, with a batch peak of 957.81 units at 13:25 UTC.
- As of 21:24 UTC, BNB traded at $648.37, with earlier gains and holdings of resistors below $651.
Disclaimer: Part of this article was generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and compliance Our standards. For more information, see Coindesk’s complete AI policy.
