Binance, amidst FUD and executive shake-ups, saw volume fluctuations, transaction declines, and BNB's renewed uptrend.
kicked off the year with robust activity but experienced a downturn starting around May. Prior to this decline, the average transaction size exceeded $4 million. However, as of the current moment, the transaction volume dwindled to approximately $3 million.
Furthermore, there has been a decrease in the stablecoin market cap within the network, signaling a reduction in liquidity. At the beginning of the year, the stablecoin market cap surpassed $9 billion but has since contracted to around $5 billion as of this writing. revealed a recent uptick. The chart indicated that BNB consistently witnessed a series of minor uptrends, each of which was less than 1%, spanning the past three days.
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