Warning Signs Emerge as BNB Hits Record Highs While User Activity Plunges
Yahoo Finance·2025-10-07 21:00
Photo by BeInCrypto BNB has surged to a new all-time high today, fueled by renewed bullish sentiment and fresh capital inflows into risk assets amid a weakening US dollar. However, beneath the surface, on-chain data tells a different story. User activity on the BNB Chain has been on a steady decline since late September, signaling that the user demand on the network is weakening even as prices soar. What does this mean? BNB’s Bull Run Faces Risk BNB’s price has surged 25% over the past week, making it ...