- BNB’s price dropped by 3% in the last 24 hours.
- Its Open Interest has increased of late, while other metrics looked bearish.
BNB Chain [BNB] announced the date of Greenfield’s upcoming maintenance update, which will take place on 25 June. The upgrade will not only fix a few bugs in BNB Greenfield, but will also bring along quite a few new features.
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Even though developers were working on the update, BNB, like multiple other tokens, registered a decline in its value.
All about the Greenfield update
As per the announcement, all buckets/objects previously stored on the Greenfield Testnet will be cleared and won’t be available for query anymore. Some other notable features include additional support for multiple messages in a transaction using the EIP712 sign approach.
BNB will add a feature allowing mirroring buckets, objects, or groups by using an ID or name. Moreover, the update will enable support for adding keyManager to txOpt, so that it can handle a large batch of transactions sent by a single client.
Investors are concerned
Though the upcoming update looked good for BNB Chain, its native token’s state was in question. According to CoinMarketCap, BNB’s price had declined by 3% over the last 24 hours. At the time of writing, it was trading at $243.67, with a market capitalization of over $37.9 billion.
A positive update was that the price plummet was
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Author: Dipayan Mitra
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