Bnb
Exchanged with a narrow scope on Sunday, reflecting stability in the middle of low volatility as the BNB chain community prepares for a significant infrastructure upgrade, according to the CoinDesk Research’s technical review model.
The Maxwell hard fork upgrade Scheduled for June 30 has prepared to enhance BNB Smart Chain performance (BSC) Mainnet by cutting blocks hours from 1.5 seconds to 0.75 seconds – dupling the potential throughput of the chain.
This upgrade builds on previous milestones such as the Lorentz Fork, which reduced the block time from 3 seconds and introduced the improved network stability. Maxwell moved the BSC to sub-second block speeds, helping it compete more directly with faster chains like Solana.
The Hard Fork is activated by three protocol improvements: BEP-524, BEP-563 and BEP-564. These steps have overhaul the key components of validator coordination and consensus mechanics. Notably, noting, validators will serve a longer block proposal (16 blocks per turn)And the length of time has expanded from 500 to 1,000 blocks – changes that are expected to stabilize performance even under accelerated conditions.
To prevent network congestion and excessive state growth, the per-block gas limit stops from 70 million to 35 million. Networking side improvements are also expected, with faster propagation of the block on validators – within 400 milliseconds – and improved scope of synchronization for lagging nodes.
Named after physics James Clerk Maxwell, the upgrade was designed to balance the speed with stability, aimed at lifting the BNB chain standing throughout the Defi, Gamefi, and Enterprise Blockchain sectors. By delivering more responsive block finality and smooth validator participation, the Maxwell Hard Fork will help drive to the future and developer growth throughout the ecosystem.
Technical assessments
- Between June 28 15:00 UTC and June 29 14:00 UTC, BNB climbed from $ 646.29 to $ 650.25, a 0.61% gain with $ 5.75 (0.89%) Trade coverage.
- The price found the main support at $ 647.11 during the UTC’s 02:00 pm on June 29, with more than the average volume of 10,034 units.
- Resistance appeared at $ 651.30 during the 12pm of UTC, covering additional acquisitions.Notable volume spikes at 07:00 and 09:00 UTC (18,696 and 22,494 units, respectively) confirmed consumer’s continued interest above $ 648.
- From 13:05 to 14:04 UTC on June 29, the BNB sank slightly from $ 650.85 to $ 650.25, posting a 0.09% intraday loss.
- The price briefly hit a peak of the session of $ 651.07 at 13:23 UTC before denying the lower, with a spike volume of 957.81 units at 13:25 UTC.
- Until 21:24 UTC, the BNB exchanged $ 648.37, appreciating the earlier acquired and handles below the fight near the $ 651 level.
Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.
