BNB has declined by over 7% recently, from around 720 USD to 672.4 USD. However, it is up 10.3% for the week, showcasing some resilience amid broader market weakness.

The BNB Chain has benefited from significant stablecoin inflows totaling 2.3 billion USD since January of the previous year, indicating a strong and growing demand for its network.

If BNB manages to break above 730 USD, it could target the psychological level of 800 USD. The current momentum suggests potential for recovery despite ongoing selling pressure.