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.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.