Binance Coin Price Prediction 2023, 2024, 2025: Will BNB Coin Cross The $300 Mark This Month?
The post Binance Coin Price Prediction 2023, 2024, 2025: Will BNB Coin Cross The $300 Mark This Month? appeared first on Coinpedia Fintech News
Story Highlights
- Binance coin price could reach a maximum of $465.85 by the end of 2023.
- BNB Coin price with a potential surge could go as high as $2,657.35 by the end of 2030.
- Binance coin live price is $ 241.82974344.
Binance, one of the largest crypto exchanges, and has gained immense popularity. BNB Coin, the native token designed primarily as a utility token, BNB coin has now secured a spot in the top five rankings regarding market capitalization in the crypto market.
The Binance Coin price is believed to maintain a strong upswing in the coming days and head toward the desired target. Binance is also said to have one of the lowest trading fees.
Primarily launched as an ERC-20 token, BNB crypto later migrated to its own blockchain – Binance Chain (BNB Chain).
Marketers have been waiting for a price run like 2021, when it soared close to 1688.77%. Price prediction of this coin has always been in talk.
Are you keen on the BNB coin price? Look no further as we decode the Binance coin price prediction for 2023 – 2025 and the years to come!
What Is Binance Coin (BNB)?
Since 2013, Chang Peng Zhao has been actively involved with blockchain and cryptocurrencies. He has experience working as the head of development at Blockchain, and in 2015 he launched BijieTech. In 2017, Zhao officially introduced Binance, and he has been the CEO of the asset ever since.
Binance coin is a cryptocurrency issued by the Binance exchange. BNB crypto is a native coin that acts as a utility token. The Binance platform includes the Binance smart chain, Binance chain, Binance academy, and research projects, as the company was established only as a cryptocurrency exchange platform in 2017. Today, Binance has spread its services among numerous different platforms. It aims to become the infrastructure services provider for the entire blockchain ecosystem.
If you want to know more about the BNB smart chain, this article might be right for you as it covers an In-depth guide to Binance Smart Chain (BSC).
Binance Live Chart
Today, the Bitcoin network has around 1.560M active users,
Each fluctuation in the price of BNB may influence the crypto market because this is one important exchange.
Here is the BNBUSD Price Chart, which you can rely on to identify any fluctuation.
Notably, over the past 24 hours, BNB witnessed a -0.66% change, hitting a peak of $ 243.3000 and a low of $ 235.8000.
Do you also want to understand the primary language of Crypto and pro-crypto traders? Here is a guide for you to understand what cryptocurrency is!
Binance Coin Price Prediction 2023 – 2030
Binance coin price for 2023 could range from $285.16 to $465.85.
Binance Coin Price Prediction 2023
The growing regulations in the industry by the SEC have created FUD on a considerable scale; on top of that, the recent allegation of the SEC on Binance has once again created uncertainty in the industry. Binance continues to defend itself in the most recent case, along with support from the industry.
Want to stay updated about the recent News about Binance and SEC? This article on how SEC has accused Binance on unregestered securities will help you understand the complete case between the two.
On the other hand, SEC has many ongoing cases with different crypto assets. Ripple vs SEC lawsuit has already completed two years and the decision is yet to be made. This may reflect the lack of evidence one organisation has before putting allegations on the other.
Binance (BNB) blockchain’s goals for 2023 are EVM compatibility, the mainnet launch of their new layer two infrastructure, zkBNB, BNB Greenfield, and the blockchain-based Web3 infrastructure. The main goal is to unlock new privacy use cases from a regulatory and compliance perspective. With this, the BNB coin price could trade between $285.16 to $465.85, with an average of $375.50.
BNB Coin Price Prediction 2023 – 2030
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2023 | 285.16 | 375.50 | 465.85 |
| 2024 | 420.73 | 577.50 | 734.27 |
| 2025 | 685.42 | 891.71 | 1097.61 |
| 2026 | 978.13 | 1145.69 | 1313.25 |
| 2027 | 1266.63 | 1433.25 | 1599.87 |
| 2028 | 1606.35 | 1713.94 | 1821.54 |
| 2029 | 1895.63 | 2028 | 2160.37 |
| 2030 | 2285.30 | 2471.32 | 2657.35 |
BNB Coin Price Prediction 2024
BNB coin uses an Auto-Burn system to reduce its total supply to 100,000,000 BNB. The BNB Auto-Burn mechanism adjusts the amount of BNB to be burned based on BNB’s price and the number of blocks generated on the BNB Smart Chain (BSC) during the adjusted time period.
This offers excellent transparency and predictability to the BNB ecosystem. As inflation fears are likely to get adverse by the start of the new year, we can expect a decent price movement. With this, BNB’s price could range between $420.73 to $734.27, with an average of $577.50.
Binance Coin Price Prediction 2025
By the end of 2025, the BNB network might continue to surge and may break all its previous price records by touching new heights. Binance has planned to introduce new features to its trading site to enhance investor’s minds to invest in BNB tokens as it had introduced some of the features like Asset Conversion, Cross Collateral, and Price Protection.
Contrastingly, massive sell-offs and events such as a crash could wipe down the gains of this token. Considering the bullish and bearish targets, the price could range between $685.42 to $1097.61, with an average of $891.71.
BNB Coin Price Prediction 2026
According to forecast prices and technical analysis, Binance’s price is projected to reach a minimum of $978.132 in 2026. The maximum price could hit $1,313.25, with an average trading price around $1,145.69.
Binance Coin Price Prediction 2027
Looking forward to 2027, BNB’s price is expected to reach a low of $1,266.63, with a high of $1,599.87 and an average forecast price of $1,433.25.
BNB Coin Price Prediction 2028
In 2028, the price of a single Binance is anticipated to reach a minimum of $1,606.35, with a maximum of $1,821.54 and an average price of $1,713.94.
Binance Coin Price Prediction 2029
By 2029, Binance’s price is predicted to reach a minimum of $1,895.63, with the potential to hit a maximum of $2,160.37 and an average of $2,028.
Binance Coin Price Prediction 2030
In 2030, Binance is predicted to touch its lowest price at $2,285.30, hitting a high of $2,657.35 and an average price of $2,471.32.
What Does The Market Say?
| 2023 | 2024 | 2025 | |
| Wallet Investor | $250.96 | $218.21 | $186.69 |
| Long Forecast | $163 | $258 | $523 |
| DigitalCoinPrice | $667.36 | $941.80 | $1140.01 |
| Trading Beasts | $289.96 | $360.69 | $441.92 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
Fundamental Analysis
Launched in 2017 by CEO CZ with co-founder & CTO roger wang. The name Binance is a combination of binary and finance. In the year 2019, many businesses started accepting BNB as a payment.
The BNB token has continuously evolved since its debut, initially created as an ERC-20 token on the Ethereum network in 2017. By 2019, it switched over to the Binance (BNB) Chain and fueled the BSC network, which was officially launched in September 2020.
As a result of the token’s growth on BSC, Binance now considers BNB as the token for a greater ecosystem, including the Binance Chain and BSC.
Binance Historical Market sentiments 2017 – 2022
- Binance coin entered the market on 25th July 2017 with a trading price of $0. Later on, the price started to improve and reached $3 at the end of August. With certain fluctuations, BNB ended 2017 with a trading price of $8.
- The price peaked at $23.25 in the very first month, but dropped close to $6 in February 2018. Later flipping the bearish trends, the price gained more than 200% and hit more than $16 by mid-2018. However, the rally was short-lived and the price plunged back below $5 and closed the yearly trade for 2018.
- The BNB price initiated the 2019 trade at around $6 and commenced a bull rally. By the mid of 2019, in June, the price surpassed $30, however, the price dipped to $15 by October. Since the dip, the price maintained a similar trend and traded below $15 by the end of 2019.
- BNB crypto price surged from $13 to nearly $20 in January 2020 and set a new high breaking the upper resistance levels. BNB’s price swelled to $25 in February and before it could head towards the next target, the price fell rapidly below $9 in March. It rose to $23 by the end of August.
- Shockingly, the price plunged to $19 by early September 2020, but spiked to $31 by mid-September. Amidst the expansion of Bitcoin’s price rally, BNB climbed a step to $32 by the end of November. With certain price swings, BNB traded at $37 during the end of December 2020.
- The price surpassed $40 in the first week of January 2021 and smashed the $50 mark within a month. It amazed the entire crypto space by smashing an ATH at $637.44 on April 12th. Despite a slight pullback, the price still traded above $500 strongly. During the market crash, BNB lost 40% of its gains, taking the price tag to $262.95.
- The Binance coin made a comeback in July 2021 with a price tag of $414.16. While the Chinese market turmoil dragged the price down to $280 levels. A gigantic bull run in Q4 helped the BNB price escalate to $550.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
FAQs
Binance Coin (BNB) is the native coin of the Binance exchange which is centralized. They have also rolled out a decentralized platform Binance Smart Chain.
As per our BNB price prediction, the maximum trading price of BNB could potentially reach $465.85 by the end of 2023.
Yes, BNB is a profitable investment for the long term. With initiatives such as auto-burn, numerous projects, and growing prominence, we could find it bearing fruits.
The price of the digital asset could reach a potential high of $1097.61 by the end of 2025. With a potential surge the price could reach a maximum of $2657.35 by the end of 2030.
BNB Chain is a decentralized blockchain ecosystem whereas Binance is a centralized company seeking to serve the Web3 world.
Yes, you can connect MetaMask to the Binance Smart Chain network, which will enable you to make BNB transactions through MetaMask.
At the time of publishing, the price of 1 BNB was $239.09.
BNB is the cryptocurrency coin that powers the BNB Chain ecosystem.
BNB
BINANCE
Read more: https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/
Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr
