BNB News Hits $700 Wall as $10.8M Presale Races Toward Listing
BNB Chain activated the Pasteur hard fork on August 25, doubling block capacity and fixing security flaws. BNB trades near $700, 49% below its all-time high, with resistance at $745. Meanwhile, Pepeto, a presale project by the original Pepe coin developer, has raised $10.8M and is approaching a Binance listing.
How this was made

The 30-second read
Why it matters
The upgrade reinforces BNB's technical foundation but price remains capped by strong resistance levels.
Market read
BNB's network upgrade is a primary crypto event, but price impact is constrained by technical resistance; investors may watch for liquidity shifts from the Pepeto presale.
What to watch
Upcoming Binance listing of Pepeto could divert liquidity away from BNB, affecting price dynamics.
Background
BNB Chain's Pasteur hard fork aims to double block capacity and fix bridge vulnerabilities, occurring amid a 24% weekly price rebound.
Ticker impact
BNB Chain activated the Pasteur hard fork on August 25, doubling block capacity and fixing bridge flaws, which is a fresh network upgrade affecting the token.
Potential modest upside if the upgrade spurs buying pressure, but likely constrained by $700 resistance.
Network improvements are positive, yet historical price action shows the token stuck below $700 despite upgrades.
Market effects
Strengthens the broader smart‑contract blockchain sector by showcasing rapid upgrade capability.
May boost sentiment for Asian crypto markets where BNB is heavily traded.
Limited global impact; primarily relevant to crypto investors tracking BNB.
Counterpoint
The upgrade may be overhyped; persistent $700 resistance suggests limited upside until a major catalyst.
Key entities
- blockchainBNB Chain
Network that executed the Pasteur hard fork.
- projectPepeto
Presale project building on BNB, raising $10.8M with a pending Binance listing.


