CoinDesk••1 min read
BNB Price Drops Below $600 After Network Upgrade Amid Market Downturn
The price of BNB has fallen below $600, even after recent network upgrades and ecosystem developments. According to reports, the BNB Chain's layer-2 network, opBNB, completed a major upgrade known as the Fourier hard fork. This upgrade doubled transaction throughput. However, the price decline occurred amid a broader market downturn, suggesting that the upgrade's positive impact was offset by negative market sentiment.
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