BNB Chain's native token, BNB, saw a 16.1% decline from August 23 to September 2, dropping from $598.80 to $502.10. Despite a slight recovery to $517, concerns arise about a bearish market trend as BNB struggles to stay above $610. Decreasing interest in BNB Chain metrics, particularly in DEX volumes, raises doubts about a potential retest of the $400 level. Speculation suggests that BNB's price may surge once co-founder CZ is released from detention, although his influence on the market remains uncertain. While BNB remains the third-largest cryptocurrency by market cap, recent weaknesses in BNB Chain activity and declining TVL indicate a shift in investor interest to other networks like Solana. Decreases in DEX volumes and active addresses on BNB Chain further highlight the challenges the network faces. Despite the anticipation of CZ's release, the fundamental reasons for a bullish outlook on BNB remain limited. Read more AI-generated news on: https://app.chaingpt.org/news