The notification badge becomes blue when there are new notifications the user has not seen. As soon as the panel is opened, these notifications are highlighted in blue and the badge becomes grey.
Currently when opening the Notifications Page, new notifications may get highlighted, but the notification badge does not turn grey as a result of the user seeing these notifications. This may make think the user that new notifications available when those are just the ones already seen.
Notifications becoming seen in the Notifications Page should affect the status of the notification panel and badge.