Binance Coin (BNB) may not get the most attention, but on the sly, it’s consistently one of the best performing coins in terms of ROI. Before we dig into our Binance Coin price predictions for 2023 to 2030, let’s take an overview of how much are Binance Coins worth and what is Binance Coin’s market cap?
Binance Coin Overview
BNB Overview
| Cryptocurrency | BNB |
|---|---|
| Ticker Symbol | BNB |
| Rank | 4 |
| Price | $568.02 |
| Price Change 24h | 2.74% |
| Price Change 7d | -6.05% |
| Market cap | $81,851,292,733.01 |
| Circulating Supply | 144,099,718.463 |
| Trading Volume | $1,562,173,090.41 |
According to our long-term Binance Coin price prediction, the price of Binance Coin will reach $357 by the end of 2023 and $549 by the end of 2025. Binance Coin will then rise to $1,858 in 2028, and $2,795 in 2030.
Can BNB really hit such awesome highs? This article is for anyone who’s wondering if Binance Coin is a good investment? We’ll cover BNB’s potential highs and lows for the rest of the decade.
Binance Coin price predictions 2023, 2025, 2030
BNB’s future price is expected to hit the following milestones in the next few years:
- End of 2023: With the Binance exchange expected to grow following the 2021 bull run, new demand in BNB will take the asset to a high of $357 in 2023.
- End of 2025: By the year 2025, BNB will have a wide range of applications, again boosting demand and taking the coin to a max of $549.
- End of 2030: A record price of $2,795 is achievable for Binance Coin as the BSC becomes the top blockchain for smart contracts.
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
BNB — What Is Binance Coin?
As you can probably guess from the name, Binance Coin (or just ‘BNB’) is issued by the popular cryptocurrency exchange, Binance. A portmanteau of ‘binary’ and ‘finance’, Binance is the biggest crypto exchange in the world by a substantial margin. Part of its success is thanks to its in-house matching engine that matches users who are looking to buy and sell the same asset simultaneously.
Some of Binance Coin’s rivals include:
Historical Binance Coin (BNB) Price Movements
Taking a quick look at Binance Coin’s price history will tell you many things about its potential prices for the coming years. Before you can form a solid idea of what BNB can reach, you need to do some historical price analysis.
What was Binance Coin’s starting price?: BNB was first available to investors at $0.15 per coin in July 2017 as part of their ICO.
What was Binance Coin’s highest price?: On the 10th of May 2021, BNB reached its all-time high of $690.93.
What was Binance Coin’s lowest price?: BNB’s lowest recorded price is $0.09611, which it hit on the 1st of August 2017.
In 2022, BNB started at $511.91, hit a low of $184.54, and then ended the year at $245.79.
Binance Coin Price Chart
BNB/USD price chart. Source: Coinmarketcap
Technical Analysis Of Binance Coin (BNB)
The Binance Coin price chart above shows us that BNB’s biggest rise in price took place in 2021. During this year, the price of Binance Coin spiked three distinct times.
Crossing $100 for the first time in 2021, BNB shot up to its all-time high by May, then sank midway through the year and attempted to retest its high towards the end of the year.
What is notable is that Binance Coin mostly follows the market trend that is dictated by Bitcoin. It’s also noteworthy that BNB didn't fallow the drop of BTC price drop in November/December 2022.
A final observation is that each time Binance Coin has spiked, it has never returned to its original lows — its new lows are always higher.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Expert’s Take On Binance Coin Price Predictions
BNB price forecasters across the web anticipate that Binance Coin will rise in the coming years.
According to our deep technical analysis on past price data of BNB, In 2023 the price of BNB is predicted to reach at a minimum level of $358.18. The BNB price can reach a maximum level of $415.74 with the average trading price of $370.44.
Price Prediction
In 2023, the BNB price is forecasted to be on average $271.862. The expected maximum price is $339.828, minimum price $231.083.
Trading Beasts
The price of BNB may drop to $205.416.
WalletInvestor
As per the forecast data analysis, the price of BNB is expected to cross the level of $493.34. By the end of the year, BNB is expected to reach a minimum fee of $229.00. In addition, the BNB price is capable of getting a maximum level of $553.16.
DigitalCoinPrice
According to the latest long-term forecast, Binance Coin price will hit $300 by the end of 2025 and then $500 by the end of 2029.
Coin Price Forecast
The highest forecasted price for BNB is expected to reach a maximum value of $278.74 at the end of 2023.
In terms of price value, BNB has an outstanding potential to reach new ATHs. It is forecasted that BNB will increase in value. According to many experts and business analysts, BNB can hit the highest possible price of $10,304.85 till 2030.
ICOcreed
Future price of the asset is predicted at $64.25 (-74.776% ) after a year according to our prediction system.
Gov Capital
The system forecasts a +4% move from $256.98 to $268.15 over the next month, BNB has a price prediction of $314.45 in over a years time.
Coinskid
As per the forecast and algorithmic analysis, [the] price of 1 Binance Coin (BNB) will be around $1,035 in 2027.
CryptoGround
Would you consider buying Binance Coin BNB?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Binance Coin (BNB) Price Prediction: 2023-2030
The general outlook for our Binance Coin BNB price prediction for 2023 to 2030 is that long-term holders stand to make greater gains than short-term holders. Our BNB price forecast has surmised that Binance Coin could increase to $357 by 2023, and meet an average of $463 by the year 2025. Such an accomplishment would mean a 322% increase.
Now armed with some knowledge of Binance Coin’s historical performance, we need to look at the key factors that influence its price — the actions behind those historic movements. With this knowledge, you’ll be able to make more accurate predictions for the future price of BNB and answer the question, should I invest in Binance Coin?
The relationship between supply and demand can be thought of as a ‘catch-all’ factor that will always determine the price of Binance Coin. This relationship is itself dependent on several factors, but the main thing to understand is that the price of an asset will decrease if its supply is greater than the demand and increase if the demand is greater than the price.
We’re all familiar with the Bitcoin halving (or halvening) — an event that happens roughly every four years and cuts the reward for mining new blocks in half. Much like Bitcoin, Binance Coin also has a maximum total supply. When it was first launched, this total supply was capped at 200 million, however, the Binance exchange deliberately destroys Binance Coin tokens over time.
The aim is to cut the supply in half until there are 100 million Binance Coins in existence. This is done to control the supply of the cryptocurrency and keep its price stable. Because the Binance fee rebate that Binance Coin offers its users declines every year, the team expects the value of BNB to decline over time too.
By reducing the total supply, Binance can manipulate the relationship between supply and demand. Over time, this should have a positive impact on the price of Binance Coin.
Another key factor that can affect the price of Binance Coin is the success of the ICOs that participate in Binance’s Launchpad scheme. If Binance helps to launch a range of new, popular cryptocurrencies, it means that Binance Coin users have more options when it comes to trading their tokens. This should drive up the demand for Binance Coin as there is more incentive to trade on the Binance platform and therefore own BNB.
The Binance Smart Chain is without a doubt one of the most prominent features of Binance Coin and is perhaps the biggest reason behind its rise in 2021. Built as a cheaper and more efficient alternative to the Ethereum network, the BSC has the second-highest number of DeFi projects, after Ethereum, according to data from DeFi Prime in December 2021, outpacing all other smart contract platforms.
Binance Coin is without a doubt one of the top crypto investments that investors cannot afford to miss whether it be a short-term investment (one year) or a long-term investment (five to 10 years). Here are our Binance Coin price predictions for 2023 to 2030.
Binance Coin (BNB) Price Prediction 2023
2023 will be the year that the Binance Smart Chain becomes a serious competitor to the Ethereum network as its DeFi ecosystem outpaces Ethereum’s in terms of growth. A further increase is anticipated by 2023 that will take BNB/USD to a high of $357, an estimated low of $232, and a median price of $294.50.
Binance Coin (BNB) Price Prediction 2024
The 2024 Bitcoin halvening will not only cause a general market uptrend but will mean heightened activity on the Binance exchange, fuelling additional demand for Binance Coin. BNB has the potential to hit a max of $463.8 and a min of $259, as per our Binance coin prediction. BNB will secure an average price of $361 for the year.
BNB’s short-term prospects are looking rather good right now. BNB coin is forecast to potentially rise from a 2023 low of $232 to a 2024 high of $463.8. But if you’re still not sure if you should invest in Binance Coin, you may be curious to know that it is projected to perform better in the long term. Let’s take a look at Binance Coin price predictions for 2025 to 2030.
Binance Coin (BNB) Price Prediction 2025
By 2025, Binance Coin will become one of the most useful coins to own as Binance continues to increase its utility. In 2025, a significant increase is expected in the price of BNB that can take it to an all-time high of $549, an estimated low of $366, and a target average of $457.5, as calculated by our long-term BNB price prediction forecast. Hitting this average would mean a 324% increase since.
Binance Coin (BNB) Price Prediction 2026
2026 will see increased demand for Binance Coin as services like their Visa cards become highly popular and make owning crypto more practical. Binance Coin will hit a max price of $864.20 in 2026. On the low end, our BNB/USD price forecast suspects $432.50 could be possible, though most likely BNB will have an average of $648.35 for the year.
Binance Coin (BNB) Price Prediction 2027
By 2027 we expect to see Binance Coin become more decentralised as ownership of BNB is more dispersed, this will make BNB more trustworthy. Topping our five-year BNB price forecast at $1,035, in the worst-case scenario, it can sink to $514. Binance Coin will then end 2027 with an average price of $774.5.
Binance Coin (BNB) Price Prediction 2028
Binance’s improved relationship with regulators by 2028 will see investors feel more comfortable with investing in BNB. Our long-term Binance Coin price prediction forecast indicates that BNB will increase above $1,500 midway through the year and rally to a high of $1,858 or reach a low of $1,230. Binance Coin will achieve a yearly average of $1,544.
Binance Coin (BNB) Price Prediction 2029
2029 will see the Binance exchange become one of the world’s largest training platforms (outperforming stock and forex platforms) as the crypto market continues to grow. Refusing to sell for less than $1,409 in 2029, we anticipate a max price of $2,165 for BNB and an average price of $1,787.
Binance Coin (BNB) Price Prediction 2030
The Binance Smart Chain will become the top chain to launch blockchain projects, knocking Ethereum from the smart contract throne in 2030. By the year 2030, Binance Coin can reach its highest-ever price of $2,795, build a level of support at a low of $1,858, and accomplish a median price of $2,326. Reaching this new high would equate to a 987% increase since the beginning of 2023.
Is BNB capable of hitting $2,500 per coin by 2030 or is this all a wild dream? How much could you make investing in Binance Coin?
Potential Highs And Lows Of Binance Coin (BNB)
Some have noted that as a centralised exchange, Binance could struggle in the face of emerging decentralised exchanges, such as Uniswap (UNI) which are on the rise.
Despite these concerns, it has become pretty hard to imagine the crypto market without Binance Coin which arguably has more utility than any other coin in the entire market.
The below prediction figures outline the potential highs and lows of Binance Coin price prediction forecasts for 2023, 2024, 2025, 2027, and 2030 offered by technical analysts and industry experts.
| Year | High | Low |
|---|---|---|
| 2023 | $357 | $232 |
| 2024 | $463.8 | $259 |
| 2025 | $549 | $366 |
| 2028 | $1,858 | $1,230 |
| 2030 | $2,795 | $1,858 |
Would you consider buying Binance Coin?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
What Is The Purpose Of Binance Coin?
Users can pay their trading fees in BNB and receive discounts for doing so. Initially, these discounts were supposed to be valid for BNB’s first four years and halve in value every year: 50% in the first year, 25% in the second, 12.5% in the third, and 6.25% in the fourth (by 2021) — but Binance changed their minds in 2019 and decided to keep the discount at 25% indefinitely.
Paying trading fees is the primary purpose of Binance Coin, although it can also be spent in a variety of online and physical stores around the world. Another key use case for BNB is to invest it in Initial Coin Offerings (ICOs) that have been founded as part of Binance’s Launchpad program. This is essentially a start-up launcher, exclusively for new digital assets that can be traded on the Binance exchange.
Binance has since found thousands of other ways in which BNB can be used.
Some of Binance Coin’s benefits include:
- Proof-of-stake consensus mechanism.
- Multiple blockchains — the Binance Chain for regular transactions and the Binance Smart Chain for smart contracts.
- Second-largest DeFi ecosystem in the world.
- 180 times faster than Bitcoin and 4 times faster than Ethereum.
Who Is Behind Binance Coin?
The Binance exchange is behind Binance Coin, launching it first on the Ethereum token as an ERC-20 token in July 2017 before later moving to the Binance chain in April 2019 which gave Binance a larger degree of control over how it developed and operated.
Changpeng Zhao — or as he is often called ‘CZ’ — is the CEO of Binance and is usually seen as the face of Binance and Binance Coin.
What Is Binance Coin Used For?
Binance Coin is also one of the major exchange tokens on Binance. Because the Binance platform doesn’t support fiat currencies, users can only trade between different cryptos. BNB acts as a relatively consistent in-house asset that can be easily traded and held if an investor doesn’t wish to purchase a new digital currency.
Binance Coin operates on two chains, the Binance Chain and the Binance Smart Chain, both of which use a proof-of-stake consensus mechanism and require validators to confirm blocks. The Binance Chain was the original chain and BNB’s primary purpose was to operate as a discount token for the Binance exchange, where users could receive a discount on fees for using the token.
In September 2020, the Binance Smart Chain was introduced allowing for more complex operations such as smart contracts, dApps, and DeFi (decentralised finance) projects. It is now one of the biggest rivals to Ethereum.
But most recently, the biggest use case of Binance Coin is as the fuel for the Binance Smart Chain (BSC), a parallel chain for smart contracts and dApps. Though launched in September 2020, it became particularly popular in February 2021 when Ethereum gas fees spiked — the BSC stood out as a cheaper alternative. Today, it is the second-largest DeFi chain after Ethereum.
Who Uses Binance Coin?
In 2021, the Binance Exchange had 28.6 million users. On the Binance Smart Chain, in particular, there are 136,997,077 addresses (of which, it is unclear how many are active).
Approximately 759 projects are running on the Binance Smart Chain ecosystem. Some of these projects include NFT (non-fungible token) marketplaces, DEXes (including PancakeSwap), DeFi lending, and stablecoins.
Binance Coin is also accepted by a range of companies, mostly online. Many include casinos, web hosting companies, VPN providers, clothing and food and drinks.
Conclusion: What Could Binance Coin Be Worth?
The biggest concerns investors need to know about when it comes to Binance Coin are regulation and centralisation.
In regards to regulation, several regulators across the globe are actively pursuing the Binance exchange, claiming that it operates in their country without official approval. In July 2021, the UK’s FCA forced Binance to end its operations in the UK. This could become a major issue in the future.
If you’ve been dying to find out how much Binance Coin BNB could be worth from 2023 to 2030, we hope this article has put you on the right track. BNB, just like most cryptocurrencies, is a risky investment, and so you must be prepared for all possibilities with a solid investment strategy. That said, current trends strongly suggest that BNB could do exceptionally well in the coming years and increase by approximately 300% by 2025.
Furthermore, it appears that long-term investments in BNB could pay off the most, though short-term investments can still be highly profitable.
What Will Happen To The Price Of Binance Coin (BNB) In 2023?
We expect BNB/USD to continue its bullish momentum in 2023 and hit a yearly high of $357 and not trade lower than $232.
What Will Happen To The Price Of Binance Coin (BNB) In 2025?
A few years from now, by 2025, the price of Binance Coin will have smashed past several price barriers to hit a max of almost $549 per coin.
Will Binance Coin (BNB) Hit $1,000?
Yes, BNB will hit $1,000. Our Binance Coin price forecast estimates that the $1k price barrier will be overcome in 2027.
Will Binance Coin (BNB) Reach $10,000?
Binance Coin price predictions don't show BNB achieving $10,000 in the near future.
Is Binance Coin A Good Investment?
Binance Coin is a top investment choice for those thinking about putting money into cryptocurrency. It is one of the most useful coins to own and is backed by the largest crypto exchange in the world.
Here are some important questions investors should be asking themselves right now.
Is It Too Late To Buy Binance Coin?
Binance Coin may be a little pricier than some other cryptos on the market, but it is highly likely that we have barely seen what it could be capable of. An enormous increase is expected in the coming years.
Is Binance Coin A Profitable Investment?
Binance Coin is one of the most profitable investments in the crypto market. In terms of ROI, it has earned investors 367,002.21% since 2017, outstripping almost all other cryptocurrencies, including Bitcoin and Ethereum combined.
Is Binance Coin A Good Investment For The Future?
Binance, the company, has been highly innovative in finding new ways to use BNB, such as the BSC and Visa cards. If they continue this trend, Binance Coin will remain highly popular for a long time to come.
Is Binance Coin A Risky Investment?
One of the biggest risks BNB coin investors should bear in mind is that Binance Coin is highly centralised with Binance having a lot of control over development and validating transactions.
Is Binance Coin A Good Buy?
Is it quite unlikely that Binance Coin will be disappearing anytime soon. Being one of the most useful coins to own, technologically speaking, there’s not much holding it back.
Is It Smart To Buy Binance Coin?
The Binance Smart Chain is the biggest reason to hold some BNB right now. As one of the largest proof-of-stake smart contract platforms, it stands to gain massively as users remain uncertain about Ethereum’s future.
Should I Buy Binance Coin?
Only decide to buy Binance Coin if you have thoroughly researched it — technologically, in terms of price performance, and the company behind them, Binance. Once you feel comfortable with all the factors working behind the scenes, then you can decide if it is worth adding it to your portfolio.
How To Buy Binance Coin?
Once you have set up a Binance Coin wallet or a similar wallet that can support Binance Coin, you need to create an account with an exchange or a broker. Using this account, you will need to exchange fiat or crypto for BNB and then move it over to your wallet. Easy.
Where Can I Get Binance Coin?
As one of the largest coins by market cap, you can find Binance Coin on most exchanges. However, to avoid scams and unfair trading practices, we recommend using a regulated exchange such as eToro.
How To Mine Binance Coin?
Binance Coin uses a proof-of-stake consensus mechanism which means it is not mineable like Bitcoin. Instead, if you own BNB, you can then stake it via a wallet and earn more BNB tokens.
eToro – Top Broker to Buy Binance Coin
Open an account with eToro, deposit some funds with USD, and finally – buy BNB coins from just $10.
eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Other Crypto Price Predictions
FAQs Binance Coin Price Prediction
Is Binance Coin A Stablecoin?
No, Binance Coin is not and has never been a stablecoin, though people have compared it to a stablecoin before because it has been less volatile than other coins in the past.
How Many Binance Coins Are There?
The supply of Binance Coins changes all the time because of their burning mechanism which is used to stabilise the price and prevent inflation. That said, supposedly the max amount of BNB that can be in circulation is capped at 200 million.
How Does Binance Coin Make Money?
Binance, the company, makes money from a wide variety of services, the largest of which is the Binance exchange where it profits from trading fees. Binance doesn’t directly profit from the use of Binance Coin, though it makes its services function better.
How Long Has Binance Coin Been Around?
Binance Coin has been around since July 2017 when it was first launched as an ERC-20 token on the Ethereum blockchain.
Why Is Binance Coin So High?
Binance Coin is so high because it is highly valued. Not only do BNB holders receive a discount at the Binance exchange (the world’s largest crypto exchange), but BNB also fuels the Binance Smart Chain, which is becoming one of the largest blockchains for DeFi projects after Ethereum.
Binance Coin Vs Ethereum
Right now, Binance Coin has the upper hand over Ethereum as the Binance Smart Chain catches up with the Ethereum network in terms of users and applications. The key reason behind this is cheaper and less volatile transaction fees. However, when Ethereum becomes completely PoS, this could change.
What Will Binance Coin Be Worth In Five Years?
According to our five-year Binance Coin BNB price prediction, we could see the asset rise to $1,858.
What Will Binance Coin Be Worth In Ten Years?
In approximately ten years, estimates put Binance Coin at around $3,000 per BNB if it continues to rise as our Binance Coin price prediction has shown.
Will Binance Coin Crash? The question is not so much will Binance Coin crash, but when?
Binance Coin has crashed before, and it no doubt will crash again, just like any other cryptocurrency. It will never just continuously appreciate. A crash in either 2023 or 2023 would not be too surprising.
Will Binance Coin (BNB) Go Up?
Binance Coin has a remarkably high chance of increasing in the coming decade. As long as there are no problems with the Binance exchange, there is little reason to suggest BNB will not go up.
Will Binance Coin Rise?
Yes, Binance Coin will rise. Our Binance Coin price prediction indicates that BNB can reach levels above $350 per coin in 2023.
When Will Binance Coin Take Off?
While our Binance Coin forecast anticipates a new high of $1,000 in 2027.
What Price Could Binance Coin Reach?
Our 2023 to 2030 Binance Coin price prediction foresees the following highs for the next several years: 2023: $357; 2025: $549; 2028: $1,858; 2030: $2,795
What Is Binance Coin’s Price Prediction For The Next Bull Run?
The next bull run is hard to predict — no one can say what factor could start the next one. That said, investors could take advantage of a significant rise that could take place between 2027 and 2030. According to our Binance Coin price prediction, this rise will take BNB from a low of $774 to a high of $2,795 — an increase of more than $2,000 per coin.
How High Will Binance Coin Go?
$10,311 per BNB coin by December 2030 according to Cryptocurrency Price Prediction’s highest estimate.