BNB Chain (BNB-USDT is below the 7-day moving average -> bearish, and is below the 30-day moving average -> bearish, with 1 week change of -6.1%) Developers announced a mandatory migration of legacy multi-signature wallets on BNB Chain, prompting some user repositioning and added short-term selling pressure.
On-chain metrics show BNB’s 7-day performance has trailed the broader crypto market, signalling investor caution and contributing to price under-performance.
The ecosystem’s “Yellow Season” upgrades — including AI agent integration and gas-limit expansion plans — are being cited as medium-term positive drivers, though recent price action remains muted.
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