Binance Coin (BNB) currently trades around $671, showing signs of consolidation as the BNB Chain continues to upgrade. While down slightly over the last 24 hours (-0.1%), the coin has experienced a notable 11% increase over the past month. Trading volume has decreased to $603 million in the past day (down 17.6%) after weeks of steady gains. 24-hour volume on BNB derivatives also dropped by 7.97%, with open interest slightly increasing. This suggests a slight shift toward more strategic trading, rather than speculative activity. The recent launch of the Maxwell Hardfork on the testnet marks a significant step forward for the network. This upgrade speeds up transaction processing time, reducing latency and finality to just 0.75 seconds. This should improve user experience for dApps and DeFi protocols by making transactions feel near-instant. The mainnet deployment is expected on June 30, which could fuel investor confidence in BNB’s medium-term potential.