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BNB Chain's new L1 upgrade boosts social buzz and price support at 20-day EMA.

Market News
26 Oct 2026, 18:00 WIB
AMBCrypto
View Source
Bullish
BNB Chain's new L1 upgrade boosts social buzz and price support at 20-day EMA.

BNB Chain has introduced a new Layer 1 upgrade running alongside Binance Smart Chain without issuing a new token, sparking increased social media attention and speculation. This development has pushed BNB's social volume to recent highs, while the token shows positive price action around its 20-day exponential moving average (EMA), signaling potential short-term strength. However, sustained gains will depend on continued buying pressure and clear progress in the upgrade's implementation. Traders are watching closely as social interest and spot market dominance suggest growing optimism but caution remains until stronger technical confirmation appears.

BNB is trading at Rp13.456.875 on Pluang as of Oct 26, 2026 22:21 WIB, showing a modest 0.67% gain in the past day. Despite the positive price movement, Pluang order activity leans heavily towards selling, with 68% of orders being sell orders. The token's market cap stands at Rp1.764,18 trillion, reflecting its significant presence in the market during this period of heightened social interest.

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