Redstone launches Ethena StableCoin Feeds on the BNB chain, pushing a red price for 14%

Redstone has expanded its support for the stalks of Land Laboratory Foreign and Susde on the BNB chain, running 14% price increase.

Redstone (Red) He officially announced the launch of the Foreign Censory Census from the Laboratory of Ethen Labs-on BNB, a broader approach to Etheni-has an ecosystem in the amount of 5B dollars.

Launchture means a new milestone in Redston’s partnership with the ethene laboratories, which began in March 2024. years. Redstone was supported by the first provider of Oracle, and Susde. Venus and Penndle Protocol are the first to integrate these censive feeds, allowing users to borrow and borrow against these assets and trade or lock in future real-time pricing prices.

Integration In the right And the Susde prices Feeds on the BNB chain significantly increase their accessibility thanks to the fast and low-budget transaction of the BNB chain and a growing dazzer base. In addition, demand for the exact prices of appreciation of ethense Stablecoins The BNB chain increases quickly. In just a year from his launch, earnestly on the BNB chain has already exceeded the $ 8.5 million market.

Red price It is 14% in news, currently trading from $ 0.44 with a trading volume of over $ 28 million for 152% in the last 24 hours. However, the entire trend was a bear since March, after a strong bakar that sent the price to $ 0.95. Since the fall started, several horizontal levels of support are broken, including $ 0.70, $ 0.60 and $ 0.50.

Recently, local support levels at $ 0.40 have given a place like the pressure was intensified 25. To 26. April, as testifies in red tapes for volume. The price then strayed at the lowest ever from $ 0.32, taken only three days ago. Then the customers came, pushing the price above $ 0.40, and now up to $ 0.44.

The recent price of the price on the 4-hour chart shows signs of construction aiming, with a series of green candles that are formed consistently since yesterday. The price also managed to reject above the 20-period of the exponential moving average – a potential early sign of shifting trends.