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BNB Coin’s Entry into Top 3? Lorentz Testnet Hard Forks Are Complete

BNB Coin’s Entry into Top 3? Lorentz Testnet Hard Forks Are Complete
BNB Coin’s Entry into Top 3? Lorentz Testnet Hard Forks Are Complete

Main notes

  • The BnB Lorentz Testnet hard Forks has completed with Mainnet hard Forks scheduled in late April.
  • Lorentz upgrade reduces OPBNB block times to 0.5s and BSC Testnet to 1.5s.
  • The BNB currency is separated from a year -old ascending triangle, indicating a momentum of ascension.

The BNB series has successfully implemented Lorentz Testnet Hard Forks, a development that is preparing to bring faster treatment speeds and improve Blockchain response.

This coincides with the original cryptocurrency of the ecological system, BNB COIN (BNB), which comes out of the scope of a year -old ascending triangle, alludes to a possible gathering.


The update, which was revealed in a tweet published on April 10, reduces OPBNB times to 0.5 seconds and BSC Testnet blocks to 1.5 seconds.

It is worth noting, OPBNBThe scaling solution of layer 2 that was created at the top of the Bachelor’s degree, aims to face the challenges of crowding and expansion. With this difficult fork, developers and users are appointed to experience smoother and faster operations.

The BNB team urged all knots and DAPP employees to upgrade their systems and test the application compatibility for smooth integration.

According to the official schedule, OPBNB MAINNT Hardfork is scheduled to be held on April 21 at 03:00 AM International time, followed by BSC Mainnet hardfork on April 29 at 05:05 AM UTC.

If the promotions appear successfully, the comprehensive productivity of the series may see a significant increase.

BNB Price Outlook

After a rise of 4.5 % to $ 579, BNB was steadily circulating around this level with no significant change over the past 24 hours. The fifth largest encrypted currency is still according to the maximum market, with the maximum market reached 82.59 billion dollars.

daily BNB price schemeRSI hovering about 45, indicating a wide area of ​​upward movement. The reservation above 50 would confirm the rise with the resistance level in the near term at $ 590.

BNB price scheme. Source: TradingView

Meanwhile, the price is merged around Bollinger Band (20 days SMA). A continuous suspension above this level can lead to a $ 632 test, while there is a step on the downside less than $ 575 that risk a $ 550 area.

On the other hand, MACD shows a negative graphic fee, indicating that the pressure pressure may lose steam. The bullish intersection here can serve as an incentive for more bullish momentum.

BNB Coin's entry to the top 3? Lorentz Testnet Hard Forks is complete

Source: TradingView

Hopes of collapse

Popular encryption analyst Jonathan Carter recently indicated that BNB has been circulated inside an upward channel since March 2024. It is interesting that the distinctive symbol has recently recovered from the upper limits of this range.

According to the analyst, if the march continues, BNB may aim at $ 640, $ 735, $ ​​795 and up to $ 960 in the long term.

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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

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Barth Dobby

Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.

Part Dubey on LinkedIn

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