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BNB Chain testnet activates Maxwell HardFork, trading surges by 49%, BNB price is expected to challenge $720

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$BNB
$MAG7.SSI
CoinGape
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May 26, 2025

$BNB Chain has activated the Maxwell HardFork on its testnet, reducing block time to 0.75 seconds, enhancing the network's scalability and transaction processing efficiency. This upgrade supports the production of 16 consecutive blocks, aiming to alleviate network congestion and promote widespread adoption of DeFi, GameFi, and enterprise blockchain services. Transaction activity on $BNB Chain surged 49% over the past week, outpacing other major blockchains, with decentralized exchange trading volume exceeding 100 billion dollars. The price of $BNB recently broke through the long-term downward trendline, and analysts are focusing on its ability to maintain support at 660 dollars, with potential to rise to 720 dollars.

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