How Binance Chain Activity & BNB Price React To BSC Lorentz Hard Fork

The Lorentz hardfork for Binance (BNB) Smart Chain could impact both its price action and its on-chain activity, which has recently been in an uptrend.

BSC Lorentz Mainnet HardFork

A major network performance improvement through the Lorentz hardfork for Binance Smart Chain (BSC) is scheduled on April 29, 2025, at 05:05 UTC.

BNB Chain announced that the system update would cut block time from 3 seconds to 1.5 seconds, which could result in reduced latency, accelerated transaction confirmations, and a better user experience for the entire ecosystem.

More responsive decentralized applications (dApps) could result from the quick block intervals, which would help all three groups: builders, validators, and users.

The upgrade included multiple adjustments to its system. The governance vote (BEP-520) introduced changes to six parameters to match the reduced block time by increasing turnLength to 8 blocks, while the misdemeanor threshold reached 100.

The felony threshold reached 300; felony SlashScope received a value of 57,600 blocks; voting Period extended to 403,200 blocks; and minPeriod after Quorum reached 57,600 blocks.

The alterations made sure both the network stayed resilient and protected during the new timing framework.

The implementation required node operators and validators to complete two necessary steps: first, upgrade to the v1.5.10 client version, then set GasLimit to 70M and revise MEV configurations.

Better hardware solutions were required to preserve system performance as block frequency increased, thus affecting every part of the infrastructure.

The next upgrade after this hard fork could achieve a block confirmation time of 0.75 seconds, thus advancing Binance Smart Chain’s development as a fast blockchain platform.

How Will BNB Price React?

Looking at potential impact on price, the $540 zone held as strong support for BNB after reaching it thrice, indicating increased market interest in that range.

A descending trendline on the 3-day chart showed BNB attempting to break out from its position.

Since December, the descending trendline kept BNB prices under control while rising buyer interest became evident from recent higher support points.

Breaking above the $630 resistance level would set the conditions to target $730 as the previous major swing high point.

A price rejection near $630 would push Binance Coin (BNB) to testing points between $570 and $540, which have provided support three times before.

The bullish structure maintained its validity above $540, yet, a daily close below this level would cause the setup to become invalid.

The ascending structure indicated accumulation, which made the breakout potential stronger because of BNB Chain upgrade predictions.

A bullish continuation needs rising trading volume and further confirmation when prices exceed $630.

Sales Volume of NFTs

For other on-chain activities, the NFT industry operating on the BNB Chain showed a moderate 1.98% growth in sales volume, amounting to $397,821.40 intraday.

The trading activity across the full day was steady as the peak sales amounts approached $33,000.

Such heightened activity levels occurred as NFT trading volumes reached around $27,000 and $22,000, respectively.

Later in the day, NFT sales volume fell beneath $5,000. However, public interest might be rising due to anticipated improvements of Lorentz HardFork on Binance Smart Chain.

Prospects for rising NFT volumes suggested they could maintain their uptrend by surpassing the $400,000 threshold over the near future.

Long-term market engagement was necessary to maintain activity levels, as a lack of combined market strength could lead to decreased NFT sales at the current $350,000–$370,000 level.

Market sentiment and network upgrade observations would serve traders to determine whether NFT demand will stay strong or pull back.