- BNB has shown significant resilience on the market similar to Bitcoin in the recent past catalyzed by the increase in demand.
- The bullish feeling has developed at the price of the BNB in the last three months, but it could be delayed if the level of support for $ 520 is violated.
In a surprising decision to crypto traders, Kraken Exchange has so far had not listed Binance Coin (BNB). Earlier Thursday, Kraken Exchange announced that the deposits and withdrawals of BNB are activated before the April 22 list.
Kraken Exchange lists BNB against US dollars, EUR, USDC and USDT. However, Kraken Exchange has announced that geographic restrictions will be imposed if necessary.
THE announcement attracted different reactions from the cryptographic community. While some were surprised that Kraken did not list the fifth greatest cryptographic asset by low capitalization, the co-founder of Binance Changpeng Zhao said that “BNB is a same”.
Main reasons why Kraken listed BNB?
The BNB list in Kraken Exchange has been strategic after years of existence. On the upper list, BNB has acquired Significant regulatory clarity in recent years, led by the UNITED STATES. As part of the Donald Trump administration, Kraken Exchange has also expanded his service service to compete with other similar companies.
The adoption of BNB has developed considerably in recent years, reinforced by the exchange of Binance. In addition, growing activity on the BNB channel chain has helped burn more than 60 million tokens worth more than $ 34 billion.
Halfway expectations
Since the beginning of 2025, BNB price closely followed the action of the Bitcoin price. The large capitalization Altcoin, with an entirely diluted assessment of around 86 billion dollars and an average negotiation volume of around $ 526 million, has shown significant market resilience in the middle of the current world trade war.
Within the daily time limit, BNB Price forms a potential reversal model since the second inauguration of Trump. In particular, BNB Price has established a robust level of support above $ 520, associated with an increased divergence of the relative force index (RSI).