Key notes
- The BNB channel completed its Hardtnet Lorentz Testnet forks with Mainnet Hard Forks planned for the end of April.
- The upgrade of Lorentz reduces OPBNB block times to 0.5 s and BSC Testnet to 1.5 s.
- BNB Coin comes out of a one -year -old ascending triangle, suggesting a bullish impulse.
The BNB channel successfully executed the Lorentz Testnet hard forks, a development ready to provide faster transaction speeds and improved blockchain responsiveness.
This coincides with the native cryptocurrency of the ecosystem, BNB Coin (BNB), coming out of a range of an ascending triangle of one year, alluding to a possible gathering.
The update, revealed in a tweet published on April 10, reduces the OPBNB block hours to 0.5 seconds and the BSC Testnet blocks to 1.5 seconds.
The hard -fleer testnet Lorentz are complete!
OPBNB now operates at 0.5 s Times and BSC TESTNET is live with 1.5 s block hours
Faster blocks. More fluid performance. It’s now time for Mainnet:
🔸 OPBNB → April 21 at 03:00 am utc
🔸 BSC → April 29 at 05:05 UTCHere is… pic.twitter.com/ntwe1gijqc
– BNB channel (@bnbchain) April 10, 2025
In particular, OPBNB, a layer 2 scaling solution built at the top of the BSC, aims to meet the challenges of congestion and scalability. With this hard fork, developers and users are ready to live smoother and faster operations.
The BNB team has urged all node operators and DAPP developers to upgrade their systems and test the compatibility of applications for transparent integration.
According to the official calendar, the OPBNB MAINNET HARDFORK is scheduled for April 21 at 3:00 am UTC, followed by the BSC MAINNET HARDFORK on April 29 at 05:05 UTC.
If upgrades take place successfully, the general flow of the chain could see a major increase.
BNB price prices
After an increase of 4.5% to $ 579, the BNB regularly exchanged around this level without significant change in the last 24 hours. It remains the fifth largest cryptocurrency by market capitalization, with a market capitalization of $ 82.59 billion.
On the daily BNB price table, the RSI oscillates around 45 years, suggesting a large place for the ascending movement. Holding above 50 would confirm an increase with a short-term resistance level at $ 590.
BNB Prix BRART. Source: tradingView
Meanwhile, the price is consolidated around the Middle Bollinger Band (20 days SMA). A sustained plug above this level could lead to a test of $ 632, while a drop-down movement below $ 575 may drop to the region by $ 550.
On the other hand, the MacD shows a negative narrowing histogram, which suggests that the sales pressure can lose steam. A bullish crossing here could act as a catalyst for more ascending dynamics.
Source: tradingView
Hopes in small groups
Crypto popular analyst Jonathan Carter recently noted that BNB has been negotiating in an ascending channel since March 2024. Made interesting, the token recently rebounded from the upper limit of this range.
Binance Coin is negotiated in an ascending canal and is currently bounced from the limit of the upper canal on the daily graphic🧐
A successful continuation could push $ Bnb Towards targets at $ 640, $ 735, $ 795 and possibly $ 960 pic.twitter.com/1uzijzpx2v
– Jonathan Carter (@johncycrypto) April 10, 2025
According to the analyst, if the rally continues, BNB could target objectives at $ 640, $ 735, $ 795 and even $ 960 in the longer term.
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
