As the global market pulls into greed, the BNB price is on a journey to the top. Recent activity suggests a push toward the $700 mark may be forming. After a consolidation phase between early February and late April 2025, traders are now debating whether BNB can sustain its upward trajectory given the headline performance of newer altcoins.
BNB Eyes $700 as Gas Fee Proposal Sparks Bullish Momentum
Binance Coin is finally taking steps towards the $700 mark after a 10.5% price increase from the past week. This surge followed Binance founder Changpeng Zhao’s proposal to reduce Binance Smart Chain (BSC) gas fees by 90% through BEP-336. The initiative would lower transaction costs and enhance competitiveness against other top altcoins in the crypto market.
The recent BNB price rally is also reflected in technical indicators. The Relative Strength Index (RSI) on the four-hour chart now sits at 78.42, with the 50-period Exponential Moving Average (EMA) at $607.82. While selling pressure is higher in May compared to April 2025, BNB still holds a 2.88% dominance over the global market.
Market analysts are closely monitoring BNB’s performance, noting that a sustained breakout above the $650 resistance level could pave the way toward the $700 target. If the Binance community supports the BEP-336, BNB could improve its role in decentralized applications without compromising its validators, similar to Ethereum’s approach with proto-danksharding.
Source: CoinMarketCap
Remittix Attracts Builders with Scalable Payment Infrastructure
Remittix (RTX) has entered the crypto scene with a utility-first model that is gaining traction among traders focused on infrastructure-based projects. Unlike many tokens driven by community hype, RTX is supported by features designed for cross-border transactions and stablecoin optimization, especially in markets underserved by traditional banking.
At the core of its architecture is a PayFi protocol that aims to bridge stablecoins with fiat systems. This allows for stablecoin payments to be settled into local currencies through compliant financial rails. The focus on backend integration has drawn attention from fintech circles looking for blockchain tools that can slot into existing workflows.
Remittix is also built to support tiered user access, making it suitable for both retail users and businesses. The protocol will route transactions based on network congestion and user type, using predictive gas models to reduce transaction failures and delays. This efficiency is one reason adoption is accelerating.
In terms of developer activity, the protocol has maintained steady GitHub commits and audit updates, signaling an active team behind the scenes. Remittix uses a modular smart contract system, allowing it to be updated without major disruptions. This is important for long-term sustainability and compliance updates, especially as regulatory scrutiny increases.
With the recent market trends pointing towards payment-layer innovation and user-friendly crypto tools, RTX is making its debut at the right time. It is not promising to disrupt things but to make things that are in motion better. Analysts have also reinforced this motive, noting that borderless finance is the quickest route to true decentralization in finance.
Conclusion
Over the past week, there’s been a significant increase in the number of active BNB wallets. However, RTX has been the topic of headlines after raising $15 million in a few weeks. Traders and institutions are buying into their best positions as the global market hints at a bull run. Secure your spot on the rocket for $0.0757 apiece!
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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