BNB defends key support as bullish divergence forms toward $1,000, while BNB Chain prepares for its Abu Dhabi hackathon and EV2 launches its presale.
- BNB holds key support near $900 as a bullish divergence forms, potentially leading to a breakout above $1,000.
- BNB Chain Launches Abu Dhabi Hackathon with $ 160,000 Prizes Across Eight Innovation Tracks.
- EV2 gaming token presale opens at $0.01 with staged funding and 40% supply for public sale.
BNB is attempting to stabilize after a volatile trading session that pushed the token into a key demand zone, raising questions about whether the market is preparing for a trend shift toward the $1,000 region. The latest price action coincides with increased liquidity, fixed-supply metrics, and new activity across the wider Web3 sector, including the launch of the EV2 gaming token presale.
Meanwhile, the BNB Chain network has also launched the registration of its next developer event in Abu Dhabi, which provides another dimension of activity to the network.
BNB Holds Critical Support as Trading Volume Surges
At the time of writing, BNB was trading at 910.94, which was 2.57% down on the day, with market capitalization of $125.47 billion, also down with a similar percentage. With the price falling and traders stepping in to balance or close their positions, the trading volume has soared, with the 24-hour volume increasing by 58.25% to 4.$45 billion, which was an increase of 58.25%. The chart displayed an early-day slide from above $935, followed by a dip toward the $890 range before a recovery into the $909–$910 band.
BNB price falls over the last 24 hours alongside the broader crypto market decline – CoinMarketCap
The lowest point on the chart sat below $890, and repeated rebound attempts failed to reclaim earlier intraday highs.
Key Price Zones and Breakout Levels
BNB continues to defend the $895–$915 demand area, where buyers have shown repeated interest. Additional accumulation was identified around $850–$875, supported by heightened volume inflows. Analysts tracking structural levels noted that a major move above $1,000 is necessary to establish a broader bullish reversal. Failure to overcome that barrier could leave BNB open to renewed pressure toward $900 and potentially $860.
On the 4-hour chart, price movement is compressing between horizontal demand and the descending trendline drawn from early November.
The Relative Strength Index (RSI) has formed higher lows even as the $BNB token trades flat near support, creating a documented bullish divergence pattern – Cryptorphic
BNB Chain Schedules Abu Dhabi “Local Hack” Event
The community also reported new developer activity. On November 17, 2025, BNB Chain announced that it will hold a “Local Hack” event in Abu Dhabi in partnership with YZi Labs. The onsite hackathon is scheduled for December 5–6, preceded by an online pre-hack phase from November 24 to 27.
https://twitter.com/BNBCHAIN/status/1990389677141180708?s=20
During the pre-hack period, participants can attend live sessions covering rules, tooling, and build tracks. The onsite event will include in-person team formation, mentoring sessions, panels, and final project demonstrations.
Developers will compete across eight innovation tracks, including trading, real-world asset tokenization, AI, decentralized science (DeSci), payments, wallets, and a “Regional Impact” track focused on the UAE’s specific needs. The event will provide $160,000 in prizes and support from the ecosystem. Registration is required for teams planning to attend.
Web3 Gaming Activity Expands With EV2 Token Presale
Elsewhere in the market, cryptocurrency pre-sales are still being pursued, especially in the gaming market. The Earth Version 2 (EV2) project is currently in its presale stage , where its token is priced at $0.01, referred to as the EV2 token, and can be purchased starting with 5,000 tokens. The presale uses multiple funding stages designed to allow early participants to receive returns in later rounds.
The token is part of the EV2 ecosystem, where tokenholders will be able to participate in gameplay modes, compete to win prizes, and acquire limited-edition digital items. Project details indicate that 40% of all tokens will be made available during the open presale rounds, allowing users to participate in the in-game economy. It is anticipated that the token will facilitate marketplace operations, player rewards, and upgrades.
The developers say that each token gained or utilised leads to a real world value, and the system is described as a closed-loop system, which relies on the performance of the game. EV2 will be made available on Steam, Epic Games Store, and on Windows PC, with the users who register earlier than being put on the whitelist receiving a free Epic Gun Skin.
For more information about EV2, visit:
Website: https://ev2.funtico.com/
Telegram: https://t.me/EV2_Official
X: https://x.com/EV2_Official
