Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail BNB falls below $900 even after network upgr Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail BNB falls below $900 even after network upgr

BNB falls below $900 even after network upgrade, ecosystem developments as market declines

2026/01/08 00:45
4 min read
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

BNB falls below $900 even after network upgrade, ecosystem developments as market declines

The BNB Chain's layer-2 network, opBNB, recently completed a major upgrade, the Fourier hard fork, which doubled transaction throughput.

By CD Analytics, Francisco Rodrigues|Edited by Sheldon Reback
Jan 7, 2026, 4:45 p.m.
Make us preferred on Google
"BNB drops 2.2% to $899.57, breaking $900 support amid descending channel and resistance at $910."

What to know:

  • BNB fell below $900 amid a broader market decline, even after recent technical upgrades and ecosystem developments on the BNB Chain.
  • The BNB Chain's layer-2 network, opBNB, recently completed a major upgrade, the Fourier hard fork, which doubled transaction throughput and cut block times in half.
  • To regain bullish momentum, BNB needs to break out of its current downtrend and reclaim resistance levels near $906, otherwise it may face further pressure toward $892.

BNB slipped below $900 after a day of steady losses and heavy selling in the entire cryptocurrency market, despite several technical upgrades and ecosystem developments across the BNB Chain.

The token fell 2.2%, with sellers gaining control as attempted rebounds stalled below key resistance zones, according to CoinDesk Research's technical analysis data model. The wider market as measured by the CoinDesk 20 (CD20) index dropped 2.6%.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

Volume surged during the day to well above average levels, signaling increased liquidity. Price action formed a descending channel, with each bounce weaker than the last. A sharp breakdown late in the session confirmed bearish momentum and flipped the $900 level from support to resistance.

The drop came even as BNB Chain’s layer-2 network, opBNB, completed a major upgrade. The Fourier hard fork cut block times in half, doubling transaction throughput. The change was designed to boost performance for applications built within the network's decentralized finance (DeFi) ecosystem.

Elsewhere in the BNB ecosystem, Binance introduced silver perpetual futures contracts, its first foray into commodities, and started a $1 million staking campaign with high yield offers across major tokens. BNB can be used for trading fee discounts on the exchange.

Still, traders focused on technicals rather than fundamentals. Broader weakness across altcoins, tied to bitcoin’s recent pullback and overall market caution, weighed on sentiment.

For BNB to regain bullish footing, it would need to reclaim resistance levels near $906 and break out of its current downtrend. Until then, pressure may continue, with downside targets near $892 and possibly lower.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

AI Market InsightsBNBTechnical Analysis

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

Commissioned byKuCoin

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
View Full Report

More For You

Experts tip privacy tokens to continues outperforming in 2026

Analysts believe privacy tokens such as zcash and monero will continue to outperform this year, but they will likely face delisting risks and conflicts with banks over regulatory issues.

What to know:

  • Privacy-focused cryptocurrencies have outperformed the market, driven by increasing demand for financial anonymity amid tightening regulations.
  • Analysts warn that while privacy coins are gaining traction, they face significant regulatory challenges that could impact future gains.
  • The trend towards privacy in crypto is expected to continue, with privacy-preserving systems becoming more essential as blockchain adoption grows in regulated environments.
Read full story
Market Opportunity
Binance Coin Logo
Binance Coin Price(BNB)
$658.63
$658.63$658.63
+1.14%
USD
Binance Coin (BNB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
Silver Price Crash Is Over “For Real This Time,” Analyst Predicts a Surge Back Above $90

Silver Price Crash Is Over “For Real This Time,” Analyst Predicts a Surge Back Above $90

Silver has been taking a beating lately, and the Silver price hasn’t exactly been acting like a safe haven. After running up into the highs, the whole move reversed
Share
Captainaltcoin2026/02/07 03:15
Tapzi is Investors’ 1000x Pick in Volatile Market

Tapzi is Investors’ 1000x Pick in Volatile Market

The post Tapzi is Investors’ 1000x Pick in Volatile Market appeared on BitcoinEthereumNews.com. Crypto News 18 September 2025 | 00:05 Bitcoin swings after CPI data release as Tapzi’s presale gains momentum, emerging as a top crypto project in 2025. The crypto market moved sharply last week after the release of US Consumer Price Index (CPI) data. Bitcoin, the largest digital asset, reacted within minutes of the announcement, recording rapid swings before settling back near earlier levels.  At the same time, presale projects continued to attract investors, with Tapzi emerging as one of the most-watched tokens this month. It is being picked by investors as the next crypto to explode due to its high-growth potential in Tier 1 and Tier 2 countries, with Web3 gaming’s increasing adoption. Tapzi Presale Draws Attention While Bitcoin reacted to economic data, Tapzi’s presale has become a focal point among both retail and larger investors. Tapzi is a Web3 gaming platform designed to merge competitive gameplay with blockchain-based settlements. Players stake TAPZI tokens in head-to-head matches of chess, checkers, rock-paper-scissors, and tic-tac-toe. Winners receive tokens directly from prize pools funded by players, not by inflationary rewards. Don’t Watch the Wave – Ride It With $TAPZI! The presale opened with tokens priced at $0.0035. More than 27 million tokens have already been sold, with prices set to increase in each new stage. Analysts following the sale point to potential gains of around 300% once TAPZI lists on exchanges later this year. Liquidity locks and vesting schedules are in place to reduce the risks of sharp sell-offs after launch. This has placed Tapzi on the radar of investors searching for the best crypto to buy now. Bitcoin Price Reacts to CPI Last week, Bitcoin climbed toward $114,000 before jumping to $114,500, its highest level in weeks. The gains were short-lived as the price quickly dropped by $1,000. At press time, Bitcoin…
Share
BitcoinEthereumNews2025/09/18 06:26