BNB saw a modest gain of 2% in the past 24 hours, pushing past $627 before settling with firm support at $616.55.

The move comes as the BNB Chain, the blockchain tied to BNB, saw its daily transactions nearly double to 17.6 million since mid-May, according to data from DeFiLlama .

Crypto markets have been jittery amid escalating geopolitical tensions and shifting trade policies between major economies.

One factor helping to buoy sentiment is the upcoming Maxwell hard fork , scheduled for June 30. If successful, it will reduce block times from 1.5 seconds to 0.75 seconds, potentially making the network more competitive with high-speed chains.

If momentum continues, BNB may attempt to reclaim the $650 level and push toward $700. But much will depend on how users respond to the technical upgrades and how the geopolitical situation develops.

Technical Analysis Overview