According to @cas_abbe, BNB Chain's decentralized exchange (DEX) volume surged to $13.31 billion in the past 24 hours, marking its highest daily volume ever recorded (source: @cas_abbe, May 28, 2025). Notably, even if you combine and double the DEX volumes of all other top 10 chains, their total remains below BNB Chain’s single-day volume. This unprecedented spike underlines BNB Chain’s growing dominance in the DeFi sector, signaling significant liquidity and user activity that traders should closely monitor for potential shifts in token price action and market sentiment across both BNB and wider altcoin markets.

According to Crypto Rover, BNB is showing strong technical consolidation, indicating a potential breakout setup for traders. The chart shared highlights a tightening trading range, often preceding significant price volatility. Traders should monitor support and resistance levels closely, as historical price action suggests that similar patterns in BNB have led to sharp upward moves. This analysis is based on Crypto Rover's recent post with technical chart evidence (source: @rovercrc on Twitter, May 5, 2025).