CoinMarketCap
CoinMarketCap
BNB+0.37%
MASK-3.95%
BTC+1.52%
ETH-1.38%
SOPH-4.43%
FLOKI-2.62%
🚀 Week in BNB Chain: Mask Network Defies Market Retrace MASK +31.8% bucks $5B market dip! BNB outperforms other L1s! SEC ends Binance lawsuit! Meme coin BOB goes live on Binance Alpha! See how BNB Chain weathered a tough week in the market. đŸ§”đŸ‘‡ 1/6
📈 Ecosystem Strength Holding: The BNB Chain ecosystem lost almost $5B in market cap as most major tokens retraced sharply. BNB only dipped 2.8%, showing relative strength vs peers. BTC hovered around $105K, ETH surged on ETF inflows, and U.S. stocks flirted with ATHs. 2/6
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🏆 MASK Defies Gravity: Mask Network (MASK) soared 31.8% after acquiring Web3 social app Orb — a rare green spot in a mostly red week. Other tokens like DEXE (-21%), FLOKI (-15.5%), and SOPH (-25%+) saw major losses. 3/6
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⚡ Activity Steady Rising: Despite a 6.9% TVL drop, BNB Chain saw rising daily transactions. BNB ranked 4th among gas tokens by 7D price change. 4/6
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🔄 New Launches & Events: BOB launched via Binance Alpha with spot and 50x perp listings. WLFI airdropped ~$4M USD1 tokens to presale wallets. MVB Season 10 kicked off with rolling entries for Web3 builders — final cohort deadline is June 6. 5/6
⚠ Regulatory Overhang Lifted: The SEC dropped its civil case against Binance and CZ on May 29. The two-year legal drag is over, removing a major shadow over the BNB Chain ecosystem. Market impact could follow in the coming weeks. 6/6
Binance
Binance
The SEC’s dismissal of its lawsuit against #Binance signals a transformative shift toward clearer, more balanced crypto regulations that will fuel innovation, enhance investor confidence, and solidify the United States’ leadership in the global digital finance ecosystem. Read
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