BNB Price Hits 7-Month Low—Will 1 Million New Addresses Spark a Rebound?

BNB has experienced a sharp correction, with the price falling from $900 to near $700 in recent sessions. The decline erased months of gains and pushed the asset to a seven-month low.

While selling pressure has dominated, the downturn may not be finished unless holder behavior shifts. Emerging on-chain trends suggest conditions could still change.

BNB Is Observing A Flood Of New Holders

BNB’s network activity has shown notable strength despite the price crash. New address creation has risen consistently…