The BNB price has significantly recovered in value since 2023, trading as the hottest asset. Stability is part and parcel of BNB since it operates on Ethereum Blockchain. After that, there has been a downward momentum with in-between price pick-ups. However, after hitting an ATH, the BNB coin faced a steep correction.Īfter the token reached its ATH, followed by the subsequent profit booking, the token tried to reach the ATH but could not cross the $654.32 mark. After that, from the beginning of 2021, Binance Coin registered tremendous growth and hit a new all-time high of $690 on May 10, 2021. In 2020, the Binance Coin price marked a gradual price rise over time and hit the $40 price mark. The price of BNB went downward only due to the pandemic and thus remained negative for a longer period. Although the coin’s price growth slowed a bit in the second half of the year, it picked up a great push due to the IEO, which launched in 2019 year-end with over 150% gains. The year 2019 proved phenomenally positive for Binance Coin. The founders strategically implemented the far-sighted vision for Binance Coin, and today Binance competes with several other crypto exchanges. The primary objective with which the Founder of Binance exchange, Changpeng Zhao, and co-founder Roger Wang started this initiative was to eliminate various problems related to trading that were present in the crypto market. Today Binance holds direct competition with many other crypto exchanges. BNB also acts as a utility token to pay transaction fees.

The introduction of the Binance Smart Chain has positively impacted the Binance Coin price. The entire ecosystem is designed in a way that it can support a variety of utilities like trading fees, exchanges fees, listing fees, etc.Īpart from hosting its native coin, it offers Binance Chain, Binance Smart Chain (BSC), Binance Academy, Trust Wallet, Binance Research, and much more. Established in 2017 and backed by blockchain, BNB runs on ERC-20 Ethereum. Individually listed on the Binance exchange platform, the Binance Coin is a digital asset trading with the BNB symbol. In numerous aspects, BSC outshines Ethereum, contributing to its rapid rise in popularity. Moreover, BNB holds the status of being the cryptocurrency of choice for Binance Smart Chain, an innovative blockchain developed by the exchange’s experts. While it might not always receive the spotlight, BNB has consistently demonstrated impressive performance in terms of ROI. As of the time of composing this BNB price forecast, the total circulating supply of BNB was recorded at 153,852,355 BNB, and the overall market capitalization of BNB remains steady at $35,538,243,413.īefore delving into our BNB price predictions spanning from 2023 to 2030, let’s first provide an overview of BNB crypto and delve into its technical analysis.īinance Coin (BNB) functions as the native token for the largest crypto exchange, Binance. Nonetheless, the overarching sentiment for the long term remains optimistic, with projections suggesting that BNB could potentially achieve a value of $530 by the end of 2023.

In the previous 24 hours, BNB has experienced a decrease of 1.2%, reflecting a modest bearish sentiment within the market. Throughout the past month, BNB has exhibited an upward trend of nearly 3%, currently maintaining a trading value of around $230. Presently, BNB holds the distinction of being the fourth-largest coin in terms of market cap. Our Binance Coin price prediction for 2030 projects that the potential high of the BNB coin may be $2296, with a potential low of $1947 in the crypto market.īNB stands as a well-recognized cryptocurrency established by the founder of Binance, Changpeng Zhao (CZ).In 2025, Binance Coin (BNB) is expected to reach the maximum price of around $840, while the minimum price level might be around $692, as per our BNB coin price prediction for 2025.Based on our Binance Coin (BNB) price prediction for 2023, the coin may have minimum and maximum prices of around $230 and $532, respectively.

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