BNB Coin Price Prediction 2024-2030: Will BNB Hit $1000 in 2024?
The post BNB Coin Price Prediction 2024-2030: Will BNB Hit $1000 in 2024? appeared first on Coinpedia Fintech News
Story Highlights
Binance coin price could reach a maximum of $541 by the end of 2024.
BNB Coin price, with a potential surge, could go as high as $2,081 by the end of 2030.
Binance coin live price is $ 585.25229649.
In 2024 binance
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shows an impressive recovery after completing months of bull run. With a YTD growth of 70%, the bull run in Binance is gaining momentum as the crypto market bounces back.
Further, with the potential of a new all-time high on the cards, Binance is trending in the market. However, the growing FOMO asks, “Is Binance safe or not?” or “Will Binance go higher in 2024?”
To answer these questions and provide a clear view of the BNB price action, we present our Binance Price Prediction for 2024-2030.
Table of contentsStory HighlightsOverviewBinance (BNB) Price Prediction August 2024BNB Coin Price Projection 2025Binance Coin Price Forecast 2026BNB Coin Price Prediction 2027Binance Price Projection 2028BNB Crypto Price Prediction For 2029What Does The Market Say?CoinPedia’s Binance (BNB) Coin Price PredictionFinal Thoughts FAQs
Overview
CryptocurrencyBNBTokenBNBPrice $ 585.25229649 1.41% Market Cap $ 85,409,096,860.2673Trading Volume $ 1,922,881,708.1883Circulating Supply 145,935,517.6774All-time High$690.93 May 10, 2021All-time Low$0.09611 Aug 01, 201724 High $ 0.000024 Low $ 0.0000
Binance (BNB) Price Prediction August 2024
With the overall market recovery, the BNB coin price shows resilience in a volatile market, improving uptrend chances in a stable market. Further, once the crypto trading volume is back on a rising trend, the demand for Binance could increase dramatically.
The upcycle in the BNB price breaks above the overhead trendline and results in a massive surge jump to $578. This increases the possibility of the $600 breakout to reach the $658 mark. On the flip side, a reversal from $600 will test the 50D EMA at the $550 mark.
MonthPotential LowPotential AveragePotential HighAugust 2024$550$604$658
Binance (BNB) Price Prediction For 2024
The price of BNB has recovered remarkably after the short-term downfall to $200 to give a 25% year-to-date growth and is currently trading at $511. Despite the run, the BNB price is at a 29% discount from its all-time high at $724.
The Total Value Locked (TVL) of Binance Smart Chain (BSC) has decreased significantly from its all-time high of $44.09 billion to $4.74 billion, according to DeFi Status. However, BSC is still the third largest player in the DeFi industry, with a daily volume of $1.139 billion.
In 2024, the price of a BNB coin can reach a high of $1041. However, in an economic slowdown, the BNB crypto might form a low at $480, with an average price of $710.
YearPotential LowPotential AveragePotential High2024$480$710$1041
Also Check Out: Ripple Price Prediction 2024 – 2025: Will The Case Closure Push XRP To $1?
BNB Coin Price Projection 2025
With the growing list of services in the Binance ecosystem, $BNB is expected to prolong the prevailing uptrend. Investors can anticipate the BNB coin price reaching a new All-Time High of $1,092. On the flip side, the BNB crypto may experience a low of $761, with an average price of $926.
YearHigh PriceAverage PriceLow Price2025$1,092$926$761
BNB Crypto Price Prediction 2026-2030
YearHigh PriceAverage PriceLow Price2026$1,521$1,316$1,1112027$1,750$1,521$1,2922028$1,395$1,328$1,2612029$2,355$2,174$1,9932030$2,081$1,950$1,819
Binance Coin Price Forecast 2026
By late 2026, BNB’s price could climb to a high of $1,521. However, the price might dip to $1,111, with an average value of $1,316 throughout the year.
BNB Coin Price Prediction 2027
In 2027, BNB’s price is anticipated to hit a peak of $1,750. On the downside, the price could fall to $1,292, with an average of $1,521.
Binance Price Projection 2028
By the close of 2028, BNB’s price may reach a high of $1,395. If market conditions worsen, it could drop to $1,261, with an average price of $1,328.
BNB Crypto Price Prediction For 2029
In 2029, BNB could continue its upward momentum, potentially reaching $2,355. However, it may see a low of $1,993, with an average price of $2,174.
Binance Coin Price Prediction For 2030
As 2030 begins, BNB could hit a new high of $2,081. Conversely, it may bottom out at $1,819, with an average price of $1,950.
Binance Coin (BNB) Price Prediction 2024-2030:
What Does The Market Say?
BNB Price Prediction20242025DigitalCoinPrice636.32898.71CoinCodex1,053.92 994.64Gov Capital8721217
CoinPedia’s Binance (BNB) Coin Price Prediction
In spite of the growing troubles of workforce reduction, regulatory scrutiny, and frequent executive departures, the Binance ecosystem is expanding. With its research in product innovations and new token listings, Binance Exchange has the highest trading volume.
As per CoinPedia’s Binance (BNB) coin price prediction, the price of $BNB crypto will increase to $1041 by the end of 2024.
YearPotential LowPotential AveragePotential High2024$480$710$1041
Is BNB a Profitable Investment?
Yes, BNB is a profitable investment for the long term. Several initiatives, such as the auto-burn mechanism, contribute to reducing its supply and potentially increasing its value over time.
Final Thoughts
Based on our analysis of factors like market sentiment, Binance exchange growth, and BNB utility expansion, BNB is likely to reach $1041 by 2024.
Historical Price Performance
With a bullish recovery at play, Binance has successfully recovered from the 2022 bear run and the 2023 consolidation range. As the lower price rejection increases in the monthly candles, chances of Binance coin surpassing the $1000 mark skyrockets.
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CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
FAQs
What was the initial price of Binance Coin (BNB)? The initial price of Binance Coin (BNB) at the time of the ICO was $0.15. What is the all-time low (ATL) price of Binance Coin (BNB)? The all-time low price of Binance Coin was $0.09611 on August 01, 2017. What could be the maximum trading price of Binance Coin by the end of 2025? As per our BNB price prediction, the maximum trading price of $BNB could potentially reach $710 by the end of 2025. How high could the BNB price reach by the end of 2030? The price of the digital asset could reach a potential high of $2081 by the end of 2030. What is the all-time high (ATH) price of Binance Coin (BNB)? The all-time high price of Binance Coin was $720.67 on June 06, 2024. What is the year-to-date (YTD) performance of Binance Coin (BNB)? Binance Coin has a year-to-date (YTD) growth of 62%. Is BNB a profitable investment? Yes, BNB is a profitable investment for the long term. With initiatives such as auto-burn, numerous projects, and growing prominence, we could find it bearing fruits.
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