While Bitcoin is caught in a storm, BNB stands out as the only green coin among the Top 10, shining bright against the market downturn. In the past 24 hours, it has climbed 2.6% and is now trading around $1,015 — not far from its recent peak of $1,079.
So, what’s fueling BNB’s strength?
The answer lies in Aster, a decentralized futures exchange (DEX) built on the BNB Chain. Aster has been rapidly gaining traction and is positioning itself as a strong competitor to Hyperliquid.
Since BNB is used as the gas token on this network, the growing popularity of Aster directly drives up demand for BNB. The more users flock to Aster, the stronger the buying pressure on BNB becomes — a key factor behind the current price rally.
From a technical perspective, the bullish trend also looks solid.
ADX at 43 indicates that this uptrend is both strong and genuine.
RSI at 66 shows healthy momentum. While it’s approaching the overbought zone, there’s still room for further upside.
EMA signals remain bullish: the 50-day EMA sits comfortably above the 200-day EMA, forming a Golden Cross. Price action is holding well above both averages, reinforcing the upward trajectory.
In short, BNB’s resilience while the broader market struggles highlights the strength of its fundamentals and the momentum it has built around the growing DeFi ecosystem on its chain.