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- BNB has shown significant market resistance similar to Bitcoin in a recent past catalyzed growing demand.
- Bullish sentiment increases for the price of BNB for the last three months, but this could be delayed if the support level of $ 520 is violated.
In a surprising crossing to the crypto merchants, Kraken Exchange has not counted the binans of coins (BNB) so far. Earlier on Thursday, Kraken Exchange announced that the deposits and withdrawal of BNB were enabled on the eve of the census 22.
Kraken Exchange will list BNB compared to US dollars, EUR, USDC and USDT. However, Kraken Exchange has announced that geographical limitations will be imposed if applicable.
AND announcement attracted different reactions of the crypto community. While some were surprised that Kraken did not list the fifth largest crypto property per market cap, Binance co -founder of Changpeng Zhao said That ‘bnb is memecoin’.
The main reasons why Kraken cited BNB?
The BNB list at Kraken Exchange was strategically after years of existence. In the first list, BNB has gained significant regulatory clarity in recent years, which led the United States. According to the administration of Donald Trump, Kraken Exchange also expanded his services, offering to compete with other similar companies.
The adoption of BNB has grown significantly in the last few years, strengthening binance exchange. Furthermore, the growing activity on the BNB chain helped over 60 million tokens worth over $ 34 billion.
Medium -sized expectations
From the beginning of 2025, BNB Price followed Bitcoin prices carefully. Altcoin with large drops, with a fully diluted estimate of about $ 86 billion and an average 24-hour trading amount of about $ 526 million, has shown significant market resistance due to a liquid global trade war.
In a daily time frame, BNB Price forms a potential reversal form from the second inauguration of Trump. Significant is that BNB Price has established a strong support level above $ 520, along with bicouvy divergence of the relative power index (RSI).
