- Bullish forecasters believe Binance Coin could reach $7,762 by December 2025.
- DeFi market has grown 88x in a year and the Binance Smart Chain is now the second-largest DeFi platform in the crypto industry.
Binance Coin (BNB) could be worth a lot by 2025! The utility token used on the Binance Exchange rocketed in value in 2021. Up until very recently, BNB was the third-largest crypto by market capitalisation.
This growth was almost entirely because of the Binance Smart Chain (BSC), a parallel chain that hosts DeFi (decentralised finance) projects.
As the Ethereum network became congested, transaction fees soared and became unpredictable. This volatility led many Ethereum projects to join the BSC instead.
And in March 2021, the BSC even managed to snag the largest DeFi project on EOS. The DeFi project, called Network Effect, explained that they joined the BSC because of their confidence in Binance’s long-term vision.
The BSC is now the second-largest DeFi chain after Ethereum, and ahead of Bitcoin in third place with 44 projects.
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How Much Will Binance Coin Be In 2025?
Cryptocurrency Price Prediction forecasts that Binance Coin could reach $7,762 by December 2025.
But not all price forecasters are so bullish. On the other end, The Economy Forecast Agency doesn’t foresee Binance Coin reaching further than $1,742 in 2025.
However, most price forecasters do see Binance Coin being somewhere between $1,000 and $2,000 in 2025.
DigitalCoin believes BNB’s highest price will be achieved in February 2025, reaching $1,263. And Gov Capital gives a similar prediction of $1,715 in January 2025. An increase of 233.66%.
Coin Price Forecast is more bullish. They predict that Binance Coin will reach $1,908 by mid-2025 and $2,053 by the end of the year.
WalletInvestor believes that the $2k barrier can be broken. At the highest, they predict BNB can reach $2,595 by the end of 2025.
What Will Binance Coin Be Worth In 2022?
Cryptocurrency Price Prediction forecasts that BNB could reach $1,760 by December 2022 at the highest.
Elsewhere, other price forecasters seem to believe that Binance Coin will retest its previous all-time high of around $690 in May 2021.
DigitalCoin foresees $649 by the end of 2022, similarly Gov Capital predicts $905 by December 2022.
Trading Beasts forecasts $625 at the highest for 2022 and The Economy Forecast Agency estimates $596.
On the more bullish side, WalletInvestor believes the highest price Binance Coin $1,042 and Coin Price Forecast predicts $1,146, which is not too far off Cryptocurrency Price Prediction’s forecast.
Will Binance Coin Reach $1,000?
Yes, Binance Coin will likely reach $1,000. Cryptocurrency Price Prediction, for example, estimates that by the end of 2022 Binance Coin will reach $1,760.
That said, most price forecasters believe that BNB will reach $1,000 either in 2023 or 2024.
DigitalCoin foresees BNB getting its first taste of $1k by August 2024, but it will not last long.
Gov Capital thinks that Binance Coin can surpass $1,000 by March 2023.
Trading Beasts, which only makes predictions for the next three years, doesn’t see Binance Coin reaching $1,000.
The Economy Forecast Agency, one of the most bullish price forecasters, believes we should be seeing $1,000 by mid-2023.
Check Out: Could Binance Coin Make Me A Millionaire?
What Will Binance Coin Be Worth in 2030?
$21,866 by December 2030, according to Cryptocurrency Price Prediction. Elsewhere, only Coin Price Forecast is brave enough to make predictions for 2030, believing BNB will reach $3,700 by 2030.
No other price forecasters are willing at this time to make predictions for Binance Coin’s price for 2030.
It should be noted that 2030 is still a long way away and a lot could happen between now and then. Cryptocurrencies are highly volatile, and the industry is still very young.
That said, generally speaking, price predictions seem to suggest that the price of Binance Coin will keep going up.
Is BNB A Good Investment?
Yes, BNB is likely a very good investment for 2022. In 2021, it completely smashed previous records and for a time became the third-largest cryptocurrency by market capitalisation.
BNB benefits from a burgeoning DeFi market that is only expected to grow. According to Lawrence Wintermeyer of Forbes, by May 2021 the DeFi market had grown 88x in a year.
And the Binance Exchange is almost unrivalled. With a $15,840,708,435 24-hour trading volume, it’s more than five times larger than the second-largest exchange, Coinbase Exchange.
As long as the Binance Exchange remains the largest cryptocurrency exchange and the BSC the second-largest DeFi platform, there’s no reason why BNB can’t skyrocket.
The only real concern some traders may have about BNB is centralisation. While BNB is designed to be decentralised, approximately 80% of BNB is owned by Binance.
This allows them to pick and choose who can be validators on their network, which is perhaps a bit too much power.
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Key Points
- BNB was the third-largest crypto by market capitalisation, up until very recently.
- Binance Coin mainly shot up in value in 2021 because of the Binance Smart Chain.
- BNB could reach $7,762 by December 2025.
- In 2022, Binance Coin would likely have recovered its all-time high of 2021 and could reach $1,760 by December 2022.
- It is most likely Binance Coin will surpass $1,000 between 2023 and 2024.
- The DeFi market had grown 88x in a year and this will likely fuel Binance Coin’s growth further.
- Approximately 80% of BNB tokens are owned by Binance, which makes BNB very centralised.
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26 Reasons Why You Should Invest in Binance Coin Today