BNB Drops 2% to $686 Despite Maxwell Upgrade and Token Burn Mutuum Finance (MUTM) Presale Surges with $12.35 Million Raised

Binance Coin (BNB) experienced a slight dip this week, settling at $686 after a brief bullish period. Despite the Maxwell upgrade, which reduced block times by 47%, and a significant token burn of $1 billion, the momentum failed to sustain. This was largely due to profit-taking after BNB reached a peak of $700. The decline in decentralized exchange (DEX) volume, which dropped by 15% to $4.9 billion, and a bearish MACD crossover further indicated waning enthusiasm. Technical indicators suggest that if selling continues, BNB could test the $650 support level. Regulatory scrutiny in Asia and trade tensions between the US and BRICS nations also contributed to the negative sentiment.

BNB’s decline could have a ripple effect on other exchange tokens, potentially dragging down CRO and KCS as investors shift their focus to Layer-1 solutions like SOL. Blockchain-related stocks, particularly those linked to Binance, may face sell-offs due to global trade uncertainties. In the forex market, a strengthening dollar could exacerbate BNB’s downside. However, renewed token burn momentum and the expansion of Binance’s NFT marketplace could spark a rebound, potentially targeting $720 if the $700 resistance level is broken.

Mutuum Finance (MUTM), a decentralized lending platform, is gaining traction with its presale, offering passive income and strong momentum. The platform is designed to help users unlock passive income from their crypto holdings without giving up custody. At the core of this system is the upcoming Pool-to-Contract (P2C) lending model, which allows users to deposit assets like AVAX, ETH, and major stablecoins into smart contract-managed liquidity pools. In return, depositors receive mtTokens—ERC-20 tokens that automatically increase in value as interest accrues. These mtTokens can be held, used as collateral, or traded on secondary markets.

For example, a user who deposits $5,000 worth of AVAX into a pool with an estimated yield of 9.2% APY will earn consistent returns depending on pool utilization. On the other side, a borrower would deposit the same AVAX as collateral and unlock $3,500 in liquidity based on a 70% loan-to-value (LTV) ratio. This setup enables the borrower to maintain upside exposure to AVAX’s market performance, while the lender earns steady income, backed by overcollateralized risk management. All of this functions via audited smart contracts, without relying on custodians, middlemen, or centralized gatekeepers.

Mutuum Finance (MUTM) has already attracted over $12.35 million in presale contributions, currently in Phase 5 at a token price of $0.03. With over 13,300 holders already on board and 73% of this round sold out, it’s clear that this isn’t just another altcoin—it’s a DeFi protocol gaining real traction. Once Phase 5 is complete, the price will automatically move to $0.035, with a planned listing at $0.06. Early buyers from Phase 1 who exchanged $1,000 worth of LINK for MUTM are already sitting on double their value, with another 100% upside to go before listing.

Security has also taken center stage. The project has undergone a detailed audit by CertiK, achieving a Token Scan Score of 95.00 and a Skynet Score of 77.50. To reinforce this, Mutuum Finance (MUTM) has launched a $50,000 USDT Bug Bounty Program with rewards tiered by severity—critical, major, minor, and low. This initiative supports a security-first approach that’s attracting technically-minded contributors and long-term investors alike. With only 27% of Phase 5 tokens left, investors are rushing to secure their position before the next price jump. The rapid sellout pace highlights strong interest in real DeFi utility, not just hype.

Mutuum Finance (MUTM) is preparing to roll out its beta version in parallel with the token listing. The protocol will also benefit from Layer-2 integration, allowing for faster and cheaper transactions that solve common issues like congestion and high gas fees, key improvements for user experience. Mutuum Finance (MUTM) isn’t just building a new lending platform—it’s building a new standard for DeFi income. While large-cap assets like BNB show signs of slowing, MUTM is racing ahead, offering both passive income and price growth in a single, scalable protocol.