Presently, on-chain data are showing robust buying momentum in the market as observed in the Spot and Futures Taker CVDs. As observed in the chart, spot and futures Taker CVDs are trending upward, which is an indication of a resurgence in buyer dominance.
In addition, the Binance Dominance Strength – Share of Stablecoin Reserves vs Market Total, shows that its share of ERC-20 stablecoin reserves has increased to nearly 70%. This marks its highest level ever recorded in years. Interestingly, this concentration of liquidity provides a solid foundation for BNB’s strength by generating genuine demand for trading, staking, and Launchpad participation.
