BNB falls below $900 even after network upgrade, ecosystem developments as market declines

MEVictim · 2026-01-07T18:49:44+00:00

BNB dropped below $900 due to heavy selling in the crypto market, despite upgrades in the BNB Chain. The token faced bearish momentum, with trading volume rising and the $900 level shifting from support to resistance.

MEVictim

2026-01-07 18:49:44

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Source: CryptoNewsNet Original Title: BNB falls below $900 even after network upgrade, ecosystem developments as market declines Original Link: BNB slipped below $900 after a day of steady losses and heavy selling in the entire cryptocurrency market, despite several technical upgrades and ecosystem developments across the BNB Chain.

The token fell 2.2%, with sellers gaining control as attempted rebounds stalled below key resistance zones. The wider market dropped 2.6%.

Volume surged during the day to well above average levels, signaling increased liquidity. Price action formed a descending channel, with each bounce weaker than the last. A sharp breakdown late in the session confirmed bearish momentum and flipped the $900 level from support to resistance.

The drop came even as BNB Chain’s layer-2 network, opBNB, completed a major upgrade. The Fourier hard fork cut block times in half, doubling transaction throughput. The change was designed to boost performance for applications built within the network’s decentralized finance (DeFi) ecosystem.

BNB2,16%

DEFI-7,45%

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DYORMaster

· 01-07 19:19

What’s the point of upgrading? Everything is just an illusion in the face of the market decline...

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LiquidatedDreams

· 01-07 19:12

An upgrade can't save it either; this is the reality of the crypto world... Bitcoin can't be pushed up, and everything else is pointless.

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MetaNeighbor

· 01-07 19:09

No matter how many upgrades there are, they can't withstand the market crash; all the positive news has been absorbed...

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WenMoon42

· 01-07 18:55

Ecological upgrades can't save everything; the market is so weak, BNB can't do anything either.

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TokenomicsTrapper

· 01-07 18:51

nah this is textbook greater fool theory in action... they pump the upgrades then dump right on schedule lol. watched liquidations like netflix last night, predictably brutal

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