Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail BNB breaks $910 resistance on wider crypto m Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail BNB breaks $910 resistance on wider crypto m

BNB breaks $910 resistance on wider crypto market rally momentum

2026/01/06 23:41
5 min read
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

BNB breaks $910 resistance on wider crypto market rally momentum

Market participants defended rising support while trading volume surged 66% above average during resistance tests near $908, pointing to increasing demand ahead of major network upgrade.

By Francisco Rodrigues, CD Analytics|Edited by Cheyenne Ligon
Jan 6, 2026, 3:41 p.m.
"BNB rises 0.9% to $905.75 with surging volume ahead of Fermi hard fork, signaling strong demand and tightening network compression."

What to know:

  • BNB broke through the $910 resistance zone, rising 2% to top $920, as the broader cryptocurrency market saw a 5.3% increase in the CoinDesk 20 (CD20) index.
  • The rally comes ahead of the planned Fermi hard fork on January 14, which aims to improve the BNB Chain's capacity to 20,000 transactions per second and make it more attractive to developers.
  • BNB reached an intraday high of $921.47 and now sits near the next breakout target at $928, with bulls eyeing a potential move towards $1,066 if momentum holds.

BNB broke through a closely-watched resistance zone over the past 24-hour period, climbing 2% to top $920 amid a wider cryptocurrency market rise that saw the broader CoinDesk 20 (CD20) index move up 5.3%.

The rally comes ahead of the Fermi hard fork, which is currently scheduled for Jan. 14. The upgrade will reduce block times from 750 milliseconds to 450 milliseconds and improve how the network processes transactions.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

Its goal is to boost BNB Chain’s capacity to 20,000 transactions per second, making it a stronger contender for developers working on high-speed decentralized applications in areas like finance and artificial intelligence.

On the technical side, BNB reached an intraday high of $921.47 before stabilizing. Trading volume rose, signaling renewed interest as price pierced past the $906-$910 resistance range. BNB now sits just under the next breakout target at $928, with bulls aiming for a move toward $1,066 if momentum holds.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

AI Market Insights

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

Commissioned byKuCoin

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
View Full Report

More For You

Ethereum’s staking queues have cleared and that changes the ETH trade

With queues cleared and staking yields near 3%, the “supply shock” narrative is fading even as Ethereum remains the largest DeFi base layer.

What to know:

  • Ethereum's validator queues have nearly collapsed to zero, indicating episodic rather than persistent staking demand.
  • Staking rewards have compressed to around 3%, limiting incentives for significant changes in staking activity.
  • Ethereum's DeFi TVL remains fragmented, with ecosystems like Solana and Base capturing incremental growth, affecting ETH's value capture.
Read full story
Latest Crypto News

Ethereum’s staking queues have cleared and that changes the ETH trade

This metric suggests bitcoin's late November plunge was the bottom and major upside lies ahead

Buck launches bitcoin-linked ‘savings coin’ tied to Michael Saylor’s Strategy

CoinDesk 20 Performance Update: SUI Gains 5.5% as Index Moves Higher

Storage token Filecoin rises on heavy volume

Solana memecoin frenzy sends PumpSwap trading volume to record $1.2 billion

Top Stories

This metric suggests bitcoin's late November plunge was the bottom and major upside lies ahead

Morgan Stanley files for bitcoin and solana ETFs, deepening crypto push

Buck launches bitcoin-linked ‘savings coin’ tied to Michael Saylor’s Strategy

Crypto Markets Today: Bitcoin tests key resistance as memecoin trading volume explodes

Arthur Hayes' Maelstrom enters 2026 at 'almost maximum risk' betting on altcoins

Here’s why bitcoin and major tokens are seeing a strong start to 2026

Market Opportunity
Binance Coin Logo
Binance Coin Price(BNB)
$635.5
$635.5$635.5
-2.40%
USD
Binance Coin (BNB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

SEC Clears the Way for Spot Crypto ETFs with New Generic Rules

SEC Clears the Way for Spot Crypto ETFs with New Generic Rules

The post SEC Clears the Way for Spot Crypto ETFs with New Generic Rules appeared first on Coinpedia Fintech News The U.S. SEC has approved new listing standards that simplify the process for launching spot crypto ETFs under the ’33 Act. Cryptocurrencies with listed futures on Coinbase, currently about 12 to 15 coins, will now qualify automatically, removing the need for separate case-by-case approvals. This change streamlines regulatory procedures, cutting delays and hurdles, while opening …
Share
CoinPedia2025/09/18 14:35
Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

The post Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 20:13 The meme coin market is heating up once again as traders look for the next breakout token. While Shiba Inu (SHIB) continues to build its ecosystem and PEPE holds onto its viral roots, a new contender, Layer Brett (LBRETT), is gaining attention after raising more than $3.7 million in its presale. With a live staking system, fast-growing community, and real tech backing, some analysts are already calling it “the next PEPE.” Here’s the latest on the Shiba Inu price forecast, what’s going on with PEPE, and why Layer Brett is drawing in new investors fast. Shiba Inu price forecast: Ecosystem builds, but retail looks elsewhere Shiba Inu (SHIB) continues to develop its broader ecosystem with Shibarium, the project’s Layer 2 network built to improve speed and lower gas fees. While the community remains strong, the price hasn’t followed suit lately. SHIB is currently trading around $0.00001298, and while that’s a decent jump from its earlier lows, it still falls short of triggering any major excitement across the market. The project includes additional tokens like BONE and LEASH, and also has ongoing initiatives in DeFi and NFTs. However, even with all this development, many investors feel the hype that once surrounded SHIB has shifted elsewhere, particularly toward newer, more dynamic meme coins offering better entry points and incentives. PEPE: Can it rebound or is the momentum gone? PEPE saw a parabolic rise during the last meme coin surge, catching fire on social media and delivering massive short-term gains for early adopters. However, like most meme tokens driven largely by hype, it has since cooled off. PEPE is currently trading around $0.00001076, down significantly from its peak. While the token still enjoys a loyal community, analysts believe its best days may be behind it unless…
Share
BitcoinEthereumNews2025/09/18 02:50
Welcome to CoinCodeCap (signals.coincodecap.com) Payment Portal.

Welcome to CoinCodeCap (signals.coincodecap.com) Payment Portal.

Welcome to CoinCodeCap (signals.coincodecap.com) Payment Portal. You will receive the following benefits with our subscription - ✅ Spot + Futures Signals ✅ Quality over Quantity (Monthly 40 to 90 signals depending on market situation) ✅ Proper Risk: Reward Trades along with technical analysis ✅ Get premium support and guidance through our premium chat group to learn the technical analysis ✅ Cornix.io Bot integration for Automated Trading (Cornix payment is NOT included in our subscription) ✅ Our experienced team will help you in improving your trading experience & skills with proper risk management guides. ✅ Easy-to-understand setups of our trading signals ✅ High-quality NFT & Gold & Forex signals Be an Affiliate with us and get 20% of your referred friend’s subscription every month. Just type /affiliate in this chat to join the program ✅✅ ⚠️ Please send subscription fee + blockchain fee as mentioned in next steps For any questions , contact @gaurav_zen or type and send a message here in this Bot. Check Previous Results here. Share this with your friends: @CoinCodeCap_bot (for Telegram channels, groups & chats) t.me/CoinCodeCap_bot (for web, email, social media) Disclaimer: Trading Signals are provided for informational purposes only and do not constitute financial advice. No guarantee of accuracy, profitability, or outcome is made or implied. By using these signals, you acknowledge and accept that trading involves substantial risk and may result in the loss of some or all of your capital. You are solely responsible for any financial decisions made and their consequences. Welcome to CoinCodeCap (signals.coincodecap.com) Payment Portal. was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
Share
Medium2025/09/18 14:40