Positive developments around the BNB Chain helped BNB coin climb the ladder during the last month. However, things seemed to have changed as BNB’s performance in the last few days did not look promising. The altcoin registered over a 5% seven-day decline in its price and at press time, it was trading at $270.12. Nonetheless, […]
Santiment’s data revealed that things were worse than what they seemed, as several of’s on-chain metrics suggested an upcoming downtrend. For instance, BNB’s 30-day Market Value to Realized Value Ratio went down over the last week, which was a bearish signal.
However, Santiment’s chart revealed that BNB’s development activity registered an uptick, which was, by and large, a positive signal for the blockchain.
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