Binance Coin Price Prediction 2024 2025 2030 2040 & BNB Forecast

BNB is very popular and one of the most powerful cryptocurrencies on the market. The Binance coin’s primary mission is to support the Binance ecosystem. The BNB coin performs three main functions:

1. acts as a trading asset;
2. used to reduce commission;
3. suitable for paying for goods on websites that accept Binance Coin.

If you are thinking of getting BNB crypto, we suggest watching this tutorial:

BNB statistics

Let's take a closer look at the BNB coin according to the information from the CoinMarketCap service:

BNB Roadmap

BNB was released in 2017 by the major Binance exchange through an ICO. As a result, about $15 million was raised. A very strong team is working on the development of this cryptocurrency.

The roadmap of the project is published on the official website. Let's take a look at the key points.

1. The most important team’s goal for 2021 was to create an Internet of Value. They wanted to enable users to freely exchange their assets or decentralized services with each other. In addition, several categories of decentralized applications will be developed, such as Algorithms, Aggregation and Integration, Cross-chain and Multichain, Gamification, Community and Social tokens, Synthetics, Institutional DeFi, Infrastructure and Tools.
2. Starting from the second quarter of 2022 the team is actively working on better decentralization, transparency, and multi-chain integration. The plan is to have more validator sets to create a decentralized validator network.
3. The other thing planned for the end of 2022 is the development of sidechains for flexibility, low transactions, and native tokens. This year should give a start to the next generation sidechain.
4. The beginning of 2023 will be marked with the development of lighter applications for non-DeFi Apps. They are supposed to solve the problem of long-term storage.

Crypto community about BNB

Many crypto enthusiasts have long been familiar with the BNB coin and they make optimistic predictions for 2021 of both the price and development of this cryptocurrency.

Some crypto critics see many cryptocurrencies as cheating and believe that BNB is not a good investment at the moment.

BNB Price Prediction 2023

1. According to the Trading Beasts service, the BNB price prediction 2022 is as follows:

Binance Coin Price Prediction 2024

In 2024, Binance Coin (BNB) is expected to experience moderate yet positive growth. Predictions suggest that BNB could reach a price range of approximately $260 to $334.66, reflecting an anticipated 14% rate of return. Some analysts are more optimistic, forecasting that BNB could hit around $720.95 during an upward trend. However, it’s important to note that cryptocurrency markets are highly volatile, and these predictions should be taken with caution

1. We can see the next BNB price prediction 2022 on WalletInvestor:

BNB price prediction 2025

WalletInvestor analysts estimate that by 2025 the BNB price could reach $2,150 per coin. According to the Longforecast service, the price of BNB cryptocurrency by the end of 2025 could be $1,814.Experts at DigitalCoinPrice believe that the BNB price will be approximately $1,155 in 2025.Coinpriceforecast suggests that BNB holders can expect $1,326 per coin in December 2025.

BNB price prediction 2030

Coinpriceforecast analysts have calculated that the price of BNB will be approximately $1,487 by the end of 2030.

Historical BNB price analysis

All time High: $690.93 (May 10, 2021)

All time Low: $0.09611 (Aug 01, 2017)

At the ICO in 2017, the price of Binance Coin was set at $0.1 per 1 BNB. Throughout its existence, this cryptocurrency has shown natural growth. But in January 2018, like many cryptocurrencies, Binance Coin had a crazy "jump", when literally in 12 days the price of Binance Coin went from $7.86 to a record $24.91.

In early February 2021, Binance Coin made a real breakthrough in terms of growth in value to $195, which happened due to the launch of Binance Smart Chain. In April, the price of BNB climbed to $598 per coin. And already in May, the cryptocurrency reached its all-time high. This happened due to the fact that on April 16, the Binance crypto exchange conducted the largest BNB burn. A total of 1.09 BNB was burned with a total value of $595.3 million. After that, there was a price correction and BNB fell to $300. In June, the price of the coin had already reached $427. The next leap took place after the next burning in the amount of over $393 million.

Nowadays, the projects launched on Binance have already enhanced the user's confidence. It positively affects not only the reputation of Binance as an exchange, but also the growth in the value of Binance Coin. In turn, the founders are trying to expand the possibilities of using the coin. In addition, after the launch of Binance Smart Chain in 2021, which allowed the company to join the DeFi area, the BNB cryptocurrency really went to the moon and some analysts say the price of $400 is only the first stage.

BNB is known as a strong coin, thus, its price is more likely to grow in the future. Undoubtedly, it does not exclude some temporary setbacks. In our article you can read why the BNB price has decreased in June 2022.

After a long decline, the coin rebounded well from the price of $183.3. The upward movement takes place in the ascending channel, after the retest of the upper boundary of the channel, at a price of $280 we can expect an impulse movement to the price of $320. It is necessary to consider the risk of a rebound from the upper border and the march to the price of $238. When traveling to the upper border you need to closely monitor the volume of trading and the presence of a preponderance of buyers or sellers.

The main price driver for the BNB coin is a vast number of use cases. And the team is working hard on expanding into new areas. As crypto adoption is progressing, BNB may be ahead of the wave.

Conclusion

The Binance team believes in the global economy, powered by cryptocurrency. They see their creation as a liberating tool for the community.

Binance is considered to be one of the top projects in the Crypto World. It is well-known and actively developing. The team managed to build a supportive community that helps it to grow further. Undoubtedly, the price of BNB has its ups and downs, nevertheless, it is an interesting project to pay attention to.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.