BNB Chain has announced a new update for its BNB Smart Chain, which is expected to improve its declining metrics. The update, version 1.2.9, will introduce hard forks called Plato and Hertz. This has resulted in a spike in BNB’s social volume and positive sentiment, indicating increased demand in the futures market. Additionally, BNB has surpassed XRP to become the fourth-largest cryptocurrency. The mainnet upgrade is set to be released in August.

AI Sentiment: Positive