BNB, the main token behind Binance and its broad network, is currently trading between $648 and $670, with its price now near $648. It recently bounced off the $637 support and has climbed five days in a row, heading toward the $700 resistance. On-chain trends are strong, with open interest in BNB derivatives rising 4% to about $761 million. RSI and MACD suggest the momentum may continue.
BNB’s value comes from more than just token numbers. It powers real projects. A recent BNB Chain hackathon gave $3,000 USDT and $50,000 in backing to MCPForge. Developer activity is also expanding, with the Most Valuable Builder Season 10 deadline now extended to June 15. These signs point to both short-term growth and longer-term utility. Analysts expect a breakout between $674 and $700, with targets set around $700 to $725. For those looking at proven networks with real use, BNB is one of the best altcoins to invest in right now.
