"Even if BNB exceeds 860 dollars, it is still lagging behind the market."

BNB Price Rises

BNB price has managed to exceed the $860 resistance level with a 1.7% increase in the last 24 hours. However, despite this rise, it is observed that it has lagged behind in the overall cryptocurrency market.

Pressure on Binance Increases

Underperformance is overshadowed by an investigation conducted by the FT (Financial Times), which claims that Binance has failed to stop suspicious transactions. This situation contradicts a settlement made with the US in 2023 for $4.3 billion.

BNB is Losing Value

Currently, BNB is trading %32 below its all-time high of $1,360. Other exchange tokens, KCS and LEO, have shown more resilient performance during this process, facing much less loss compared to their all-time highs.