{"content":". 🚀 BNB Rebounds Strong — Trading Volume Soars to $11.35B, Yearly High After recovering from a crucial level, BNB traded at $670 on Tuesday. As BNB's ecosystem trade volume and stablecoin activities rise, on-chain data is encouraging. Technical indicators point to a bullish breakthrough and higher leg. BNB (BNB) is trading at $670 on Tuesday after recovering from a significant level over the weekend. As BNB breaks above the symmetrical triangle formation, ecosystem trade volume and stablecoin activity rise, indicating a rally. Record BNB trading volume and stablecoin On Sunday, token terminal data showed that the BNB ecosystem's trading volume (the aggregate trading volume produced by all exchange apps on the chain) achieved a new annual high of $11.35 billion and has been climbing since early May. This volume increase suggests traders' interest and liquidity in the BNB chain, strengthening its optimistic outlook. Atermis terminal data shows BNB's stablecoin supply climbing to $10.2 billion, its highest YTD level last week. This stablecoin activity and value growth on the BNB project is positive since it increases network utilization and attracts more users due to Decentralized Finance (DeFi), meme currencies, and payment use cases. Bulls expect BNB prices over $700 BNB's price rose more than 10% after breaking above a symmetrical triangle on May 8, a technical pattern made by linking successive highs and lows with two converging trendlines (from January to early May). However, it has been consolidating between $638 and $696 for almost 21 days. As of Tuesday, it trades about $668 in this range. BNB might rise to the technical goal of the symmetrical triangle at $839.14 (calculated by adding the distance between the first daily high and low to the breakout point) if it closes above the upper range of consolidation at $696. Traders may benefit around $709.29 and the February 13 high of $732. #bnb #MarketRebound #PCEMarketWatch #TradingTypes101 #CEXvsDEX101 $BNB $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/03/560fb4e1a2084a408a66c38a59d3f8c6.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}