Binance Coin (BNB) Price Prediction for 2022, 2023, 2024 & 2025

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By reading the article “Binance Coin (BNB) Price Prediction” published in Adaas Investment Magazine, you will get acquainted with the predictions for BNB token price in general. This level of familiarity can be enough for you to invest in the cryptocurrency market. 

Binance Coin (BNB) live price

Table of Contents

What is the Binance Coin (BNB)?

BNB cryptocurrency has been developed under two standards, BEP2 or Binance Chain and BEP20 or Binance Smart Chain. BNB token on the Binance chain platform is intended to be used as a native token of the Binance platform, and also BNB token on the Binance Smart Chain, using the Ethereum virtual machine (EVM) as the core of its blockchain to add the smart contract support feature to the Binance platform.

Binance Coin, after Ethereum, has been able to rank third in the market in terms of market volume or market cap. The high speed of transactions, as well as the very low fees, are the distinguishing features of the BNB token that increase its value among users.

What Are BEP2 And BEP20 Standards

History of BNB cryptocurrency

Changpeng Zhao, known to most traders and investors in the cryptocurrency market as CZ, introduced Binance Exchange after the initial coin offering (ICO) of BNB cryptocurrency in 2017. The exchange had its headquarters in China, which left the country after blocking trades there, and is one of the biggest competitors of KuCoin and CoinBase exchanges.

The native token of the Binance platform is the BNB cryptocurrency, which has been developed under the Binance Chain and Binance Smart Chain blockchains.

Binance Coin (BNB) Price Prediction for 2022, 2023, 2024 & 2025

Review the Binance Coin price history

After raising capital through the initial coin offering process of the BNB token, the token was listed for $1.5 at Binance Exchange on November 6, 2017. After a week of the simultaneous upward trend in the cryptocurrency market, the BNB token also started its upward trend, and by January 8, 2018, it experienced a growth of 1700% and reached a price peak of $25.

One week after the $25 price peak, along with the fall in the price of Bitcoin, the BNB token also began to decline, and on December 3, 2018, it experienced a fall of more than 80%, which caused a lot of stress to many traders and investors.

BNBUSDT_2018-down

Starting in 2019, the upward trend of the Binance Coin (BNB) once again reached a price peak of $39 on June 17, with a growth of more than 750%. Less than a week after its formation, the price peak began to decline, and on March 9, 2020, the BNB token fell more than 80% to $6.

BNBUSDT_2019

In the third week of March 2020, an uptrend for the BNB started and by the first week of May 2021, it was able to record a price peak of $680 with a growth of 7900%. After setting this price record, BNB token behavior has returned to normal and is moving towards its last price peak after a price correction.

BNBUSDT_2021

Binance Coin (BNB) price prediction

As of November 21, 2021, Binance Coin (BNB) is ranked third in terms of market volume or market cap, after the Ethereum. Many cryptocurrency price analysts have predicted an uptrend for the BNB token price. In the following, we have published the BNB price analysis until 2025, stay tuned to Adaas Investment Magazine.

BNB price forecast for 2022

Many BNB analysts have predicted the BNB to rise sharply due to the effects of Binance’s latest decisions based on the regulation of legal activity in accordance with the laws of each country and the authentication of all its users, as well as its sequential token burning processes.

Expected prices vary from $600 to $1,000 depending on the different factors, but $750 is more reasonable. Many investors attribute the lack of BNB price growth to the legal activity of the platform. But at the same time, they are hoping to record new price peaks for the Binance Coin (BNB).

Binance Coin price forecast for 2023

After the Binance Coin (BNB) price reaches $700 to $1000, there is a possibility of price correction, and for this correction, late 2022 to early 2023 can be a good opportunity for people who miss buying at reasonable prices.

Do not forget that BNB cryptocurrency is one of the best investment opportunities due to the increase in popularity and use among users as well as large industries such as GameFi, which has the potential to grow tremendously in price in competition with Solana and Cardano cryptocurrencies. BNB price correction may keep the price between $550 and $780 levels, and this is not unrelated to the Bitcoin price correction.

BNB price forecast for 2024

By the end of 2023 and the beginning of 2024, one can expect the cryptocurrency market to enter a new bull run after a bearish winter with the start of Bitcoin Halving.

2024 could be an important year for Binance Coin (BNB) to return, and this year one can expect to see a golden cross pattern in BNB’s price chart. In 2024, BNB can be expected to return above the $1,000 price level, after which it will resume its uptrend.

As you can see in the pictures below, Binance Coin’s on-chain statistics assure the growth of this platform and consequently its price growth in the coming years.

bsc active addresses
bsc fee
bsc verified contracts
bep-20 daily token chart

BNB price forecast for 2025

Following the theory of Bitcoin price increases one year after its last Halving, in 2025, when cryptocurrency projects have become more practical, the Binance Coin (BNB) project can be expected to find its true place in the decentralized finance industry Or even GameFi and Metaverse, and with the increase of indicators such as network transactions or active wallets, the price of this cryptocurrency will continue its upward trend.

The price that Binance Coin can reach in 2025 is $1,500. But note that this price is achieved for BNB when it successfully completes all its path and the cryptocurrency market experiences an upward trend as expected.

Why is the price of Binance Coin rising?

Many major financial markets analysts, especially in the cryptocurrency market, have predicted an upward megatrend for Binance Coin (BNB) due to the increasing use of smart contracts and the increasing need for an infrastructure provider platform to perform smart contracts. The Binance platform is currently working with domestic solutions to define policies based on its legal activity in order to compete internationally with exchanges such as Coinbase or FTX.

Due to the presence of Solana’s young but valuable or Ethereum.2 competitors to Binance Coin (BNB), many smart contract developers tend to use a blockchain with high scalability, sufficient security, and cheapness at the same time. Thus, the Binance platform is trying to be a suitable choice for developers by increasing the applications of its platform and blockchains.

Be sure to note that if Binance fails to solve its legal issues, very powerful blockchains such as Solana, Ethereum and Polkadot could be Binance Smart Chain’s main competitors and devalue this cryptocurrency.

The end words

At Adaas Capital, we hope that by reading this article you will be fully immersed in Binance Coin (BNB) Price Prediction. You can help us improve by sharing this article which is published in Adaas Investment Magazine and help optimize this article by submitting your comments

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