BAND, the native token of the Band Protocol, rose by as much as 384 percent in the third quarter. The supersonic price rally appeared amid the ongoing DeFi craze – and also following Band’s growth-oriented partnerships. Nevertheless, the BAND/USD pair stands overbought, which points to an imminent downside correction ahead. An explosive buying spree in…
BAND prices remain stable at the time of writing. However, considering recent development within the Band Protocol ecosystem, there could be more upsides as the project unveils new features and strikes strategic partnerships. Horizen Partnership Recently, Band Protocol, a platform focusing on cross-chain data oracles, partnered with Horizen, a public blockchain offering a scalable ecosystem for decentralized…