BNB has fallen to a critical support level above 930 dollars.

Recent Developments in BNB Price

BNB price has experienced a slight decline in the last 24 hours, falling to 933 dollars. The price briefly managed to climb to 974 dollars. Despite market pressures, BNB Chain set a new record with 82 million active addresses in October. Additionally, decentralized exchange (DEX) transactions approached 120 billion dollars.

The ability of BNB to stay above the 930 dollar support level may reflect confidence in the network's adoption. However, for the price to rise above the 975 dollar level, it may be necessary to pave the way for a return to short-term highs.