BNB Price Prediction: Is Binance Coin Going to Rise?

BNB Price Prediction

Step into the dynamic world of Binance Coin (BNB), a standout cryptocurrency born from the innovation of Binance, the world’s leading exchange. BNB’s journey started on the Ethereum blockchain before it transitioned to its own blockchain, originally named Binance Smart Chain, which is now known as BNB Chain. This evolution introduced the Proof-of-Stake Authority (PoSA) consensus mechanism, where the power lies in the hands of a select few major stakeholders. This article invites you to delve into the fascinating future of Binance Coin, offering expert BNB price prediction and insightful analysis about its price trajectory. Join us on StealthEX as we unveil the potential highs and lows of BNB in our latest exploration.

Current BNB PriceBNB Price Prediction 2025BNB Price Prediction 2030
$261$453$3264
BNB Price Prediction

Binance Coin (BNB) Overview

Binance Coin was created in July 2017 and initially worked on the Ethereum blockchain with the token ERC-20 before it became the native currency of Binance’s own blockchain.

BNB Chain also functions as a foundational layer (known as a Layer-1) for other crypto projects. The native tokens for these projects are known as BEP-2 tokens. Think of BEP-2 as a set of standardized instructions all assets created on the blockchain must follow. This standard works to ensure that anything created on the BNB Chain can seamlessly interact with any other tokens within the ecosystem.

Current Price$261
Market Cap$39,562,132,043
Volume (24h)$1,074,724,362
Market Rank#4
Circulating Supply151,694,569 BNB
Total Supply151,694,569 BNB
1 Month High / Low$269.92 / $223.49
All-Time High$690.93 May 10, 2021

BNB Features

BNB offers a number of features that can be extremely useful for the crypto industry. These are:

  • Trading. Binance Coin can be traded for other cryptocurrencies on various exchanges, depending on the restrictions set by the exchange.
  • Transaction fees on the Binance Exchange. BNB can be used to pay for transactions on the Binance Exchange, and users also receive a discount for doing so.
  • Credit card payments. BNB can be the form of payment for crypto credit card bills on Crypto.com.
  • Payment processing. Merchants can offer BNB as a means of payment for customers, offering more flexibility in payment methods.
  • Booking travel arrangements. BNB can be used to book hotels and flights on select websites.
  • Entertainment. From paying for virtual gifts to buying lottery tickets, BNB serves several purposes in the entertainment space.
  • Investment. Several platforms allow investors to invest in stocks, ETFs, and other assets using Binance Coin.
  • Loans and transfers. BNB can be used as collateral for loans on certain platforms. Also, there are apps that allow users to split bills and pay friends and family through Binance Coin.

BNB Coin Price Chart 

BNB Coin Price Chart

Source: CoinMarketCap, 20 December 2023

BNB Price History Highlights

  • 2017: The first market cycle for BNB began with a low of $0.5 on November 17, 2017. BNB followed that up by increasing a massive 4,936% in only 67 days. This culminated with a high of $25.18, which was reached on January 12, 2017.
  • 2018: BNB moved downwards until a low of $4.12 was reached on December 7, 2018. After this, BNB began its second cycle.
  • 2019: BNB increased by 861% over a period of 197 days, culminating with an all-time high price of $39.59 on June 22, 2019.
  • 2020: After reaching a low of $6.30 on March 13, 2020 (very close to the previous low of $4.12) BNB began its third market cycle.
  • 2021: The opening price of BNB in 2021 was about $37.67, which is 441.23% up from the March crash. By mid-February 2021 BNB reached a value of almost $350. Later in the year, it reached $700. It was the best year for BNB.
  • 2022: The subsequent correction and the onset of a bear market in 2022 did not hurt it as much, and BNB retained its positions.
  • 2023: BNB reached the lowest price of $203.66 in 2023 and has since recovered to $260.

BNB Price Prediction

YearMaximum PriceMinimum PriceAverage PricePrice Change
2024$641.61$110.19$375.8+49%
2025$905.76$0.599$453.1+80%
2030$4,091.9$2,436.91$3,264.41+1,198%
2040$7,666.31$7,310.74$7,488.53+2,878%

BNB Price Prediction 2024

DigitalCoinPrice experts expect BNB to go higher in price in 2024. According to their estimations, in 2024 BNB’s price might go as low as $538.56 (+114%), while its maximum price can reach $641.61 (+155%).

PricePrediction crypto analysts are of the opinion that in 2024 the average trading price levels of BNB crypto will be a bit lower. Its minimum low can reach $346.48 (+37%), while at its maximum BNB crypto will rise to $418.33 (+66%).

WalletInvestor crypto experts give a negative price prediction for BNB in 2024: in December 2024 BNB might drop to $110.188 (-56%), while at its peak it can go as high as $226.429 (-9%), but it will still remain below its current price levels.

BNB Price Prediction 2025

According to DigitalCoinPrice, BNB will continue rising in price. Based on the experts’ forecasts, in 2025, BNB might go as high as $905.76 (+260%) per coin at its highest point. Its minimum price might go as low as $738.41 (+193%).

Based on the experts’ forecasts at PricePrediction, in 2025, BNB crypto will start out with $500.4 (+99%) as its lowest price and rise to $592.14 (+135%).

WalletInvestor believes that in 2025 BNB coin will go even lower in terms of price: their experts predict that it might be as low as $0.599 (-99%), while at its peak it can reach $199.453 (-20%).

BNB Price Prediction 2030

DigitalCoinPrice crypto analysts think that by 2030, BNB coin will rise to its new, incredible all time-highs: its minimum price level is expected to be around $2,442.10 (+871%), while its maximum price will go as high as $2,629.45 (+945%).

PricePrediction experts believe that by 2030, BNB’s progress in terms of price will be even higher: according to them, the crypto’s lowest price will hover around $3,492.32 (+1,289%), while at its peak it might reach $4,091.9 (+1,527%).

According to CoinMarketCap forecasts, BNB has tremendous potential for long-term holders. This website believes that BNB can go as high as $2,590.17 (+930%) per coin. It can also drop in price to a minimum of $2,436.91 (+869%) per coin.

Binance Coin (BNB) Price Prediction 2040

According to CoinMarketCap forecasts, by 2040 BNB will skyrocket. This website believes that the coin can go as high as  $7,666.31 (+2,949%). It can also drop in price to a minimum of $7,310.74 (+2,807%) per coin.

BNB Price Prediction: Experts’ Opinions

With the crypto market recovering from the recent crypto winter, some experts on X (Twitter) believe that BNB will experience a significant surge in price. With the largest cryptocurrency, Bitcoin, up 2% to $42,322, Ethereum up 1.2% to $2,187, and Binance Coin (BNB), up 5% to $250, emerging as one of the greatest gainers, the crypto market is bullish.

If the bulls gain power and push the price above the resistance level of $247.2, the BNB price will regain momentum and run to test its upper resistance level of $255.5 this week. Further, if the market holds the price at that level, the Binance coin price will attempt to test its key resistance level of $264.8. Negatively, if a trend reversal occurs, the BNB coin price will lose momentum and fall to test its support level of $238.2 soon. Moreover, if the bears overpower the bulls, it will plunge further and prepare to test its lower support level of $230.2 by the month-end.

BNB USDT Price Technical Analysis

BNB Price Prediction - BNB USDT Price Technical Analysis

Source: Tradingview, Data was taken on December 20

Now that we’ve seen possible price predictions for BNB, let’s find out a bit more about the factors that can influence its popularity and strengthen its position on the market.

Factors Affecting BNB Coin Price

One of the most significant factors is the overall health of the cryptocurrency market. If the market is performing well, with high demand and positive news, it’s likely that the price of Binance coin will also rise. On the other hand, if the market experiences a downturn, Binance coin’s price may drop.

Another factor that can influence Binance coin’s price is adoption rates. The more businesses and individuals that use Binance coin, the higher the demand for it will be, which can drive up its price. This is because Binance coin can be used to pay for various services and products on the Binance platform.

Regulation is also a key factor in Binance coin’s price. As governments around the world continue to develop regulations around cryptocurrency, Binance coin’s value may be impacted by changes in these regulations.

It’s important to keep an eye on Binance’s own business developments, such as partnerships and new services or products. These can have a significant impact on Binance coin’s price, as they may drive up demand for the coin. Moreover, every three months Binance burns a small percentage of BNB. As a result, only 100 million i.e. half of the originally issued amount of BNB will ultimately remain. Each time the event has occurred, the price of Binance Coin has increased. The only exception came in the bear market of January 2018. Additionally, the success of the Binance Coin strongly depends on the success of its platform. The Binance exchange is actively expanding its spheres of influence and acquiring new markets.

When assessing BNB as an investment, you can also add these factors to the overall overview:

  • Competition.
  • Long-term vision.
  • Purpose and technology.
  • More IEOs.

Risks and Opportunities

The BNB network hosts its latest technical roadmap, which includes plans to launch sidechains for NFTs, growing the validator set from 21 to 41, and increasing the block gas capacity (again) to 200M. The Binance website is regularly updated with the launch of new products, jobs, promotions, and news. However, it should also be noted that Binance is currently under investigation by the U.S. Internal Revenue Service as well as the Department of Justice for money laundering, as well as dealing with inquiries from the Commodity Futures Trading Commission (CFTC) over whether Binance allowed U.S. residents to trade on its exchange. This can affect the price of this cryptocurrency, so any investment should be carefully calculated.

Is BNB Good for Long-Term Investment?

It’s crucial to conduct your own research and come to an informed decision, just as with any investment. Nonetheless, Binance Coin has developed steadily over time and is well-known for being a trustworthy cryptocurrency, therefore it can be seen as a long-term investment.

What Is the Future of BNB Binance Coin?

It’s likely that BNB Binance will continue to rise in price under favorable market conditions.

Is BNB Going to Rise?

Most forecasts indicate the long-term earning potential of the Binance Coin (BNB) to climb up to over $2,000 by 2030.

How Much Will 1 BNB Be Worth in 2025?

According to DigitalCoinPrice, in 2025 BNB might go as high as $905 per coin at its highest point. It can also drop to $730.

What Will BNB Be Worth in 2030?

According to CoinMarketCap, by 2030 BNB can go as high as $2,590 per coin.

Will BNB Price Hit $500?

It is likely to reach $500, however, it might take some time for BNB to do that.

Can BNB Coin Reach $1000?

CNN believes BNB might reach this price level by 2025-2030.

Will BNB Reach $2000?

It is quite possible. Most price predictions feature these price levels.

Is It Okay to Hold BNB?

Binance Coin (BNB) shows potential as a favorable investment option for long-term investors, however, market analysis is required.

Is It Worth It to Buy BNB?

BNB represents a solid investment option considering your investment risk profile.

Conclusion

It appears that the Binance chain has a bright future. Since its launch, the currency has had phenomenal growth, and this trend is continuing. Because of the expanding use of Binance’s Smart Chain and the popularity of the Binance exchange, we can anticipate that BNB’s development will continue.

Where to Buy BNB?

StealthEX is here to help you buy and swap BNB if you’re looking for a way to invest in this cryptocurrency. You can buy BNB privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy BNB: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

  • Choose the pair and the amount you want to exchange — for instance, ETH to BNB.
  • Press the “Start exchange” button.
  • Provide the recipient address to transfer your crypto to.
  • Process the transaction.
  • Receive your crypto coins.
How to Buy BNB: Quick-Step Guide

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: Binance BNB crypto price prediction price analysis price prediction
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