BNB Price Drops 11% From All-Time High Despite Coinbase Listing Announcement

BNB, the native cryptocurrency of Binance Smart Chain, has experienced an 11% price decline from its recent record high. This correction comes despite the positive development of Coinbase adding BNB to its roadmap for potential future listing. The current market movement suggests investors are taking profits after the recent rally, with trading volume remaining elevated across major exchanges. Market analysts are monitoring key support levels as BNB continues to show strong fundamentals despite short-term price volatility.