BNB Weathers The Storm Better Than Altcoins, Stats Show

Summary

Binance Coin (BNB) has shown strong market performance, trading between $575 and $591 over the past week, with notable price increases on April 17 and 18, 2025. BNB has registered a moderate 1.0% gain in the last 24 hours. Unlike many cryptocurrencies that have suffered significant losses, BNB has remained stable, with minor declines compared to altcoins that have dropped up to 90%. BNB achieved a new all-time high recently, supported by its real-world applications within the Binance ecosystem, including transaction and trading fee payments. Its utility keeps demand high among traders. The Relative Strength Index (RSI) is currently at 48.57, indicating market consolidation with no clear momentum direction. A rise above 50 could signal bullish momentum, while a drop below 45 may indicate weakening price strength.