BNB Climbs Above $920 as Trading Volume Spikes Ahead of Fermi Upgrade

BNB surged past $920 over the past 24 hours, rising 2% amid a broader crypto market rally that saw the CoinDesk 20 (CD20) index gain 5.3%. Trading activity jumped 66% above average while testing the $908 resistance level, signaling rising demand ahead of the network’s upcoming upgrade.

The Fermi hard fork, scheduled for Jan. 14, will shorten block times from 750 milliseconds to 450 milliseconds and enhance transaction processing. The upgrade is designed to increase BNB Chain’s throughput to 20,000 transactions per second, making it a more attractive platform for high-speed decentralized applications in finance, AI, and other sectors.

BNB reached an intraday high of $921.47 before stabilizing. Having cleared the $906–$910 resistance range, the next technical target sits at $928, with bulls eyeing a potential extension toward $1,066 if momentum continues.