In 2024, Binance continues an impressive recovery after completing months of bull run. Scaling an impressive return of 79% in 2024, the BNB price shows a massive jump as the broader market corrects.
With the overall market recovery, the BNB coin price shows resilience in a crashing 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.
As Binance remains the biggest centralized crypto exchange, investors expect growth in BNB prices in the coming years. Nevertheless, as the regulations remain a concern, it raises questions like, “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.
Our BNB price prediction provides a more in-depth look at the fundamental analysis, technical analysis, upcoming regulatory updates, partnerships, and other factors that could affect the price of BNB.
Continue reading to learn if Binance (BNB) is a good investment at $300.
| Cryptocurrency | BNB |
| Token | BNB |
| Price | $ 572.02904449 |
| Market Cap | $ 84,423,768,542.1213 |
| Trading Volume | $ 1,864,619,819.0487 |
| Circulating Supply | 147,586,506.9354 |
| All-time High | $690.93 May 10, 2021 |
| All-time Low | $0.09611 Aug 01, 2017 |
| 24 High | $ 605.8000 |
| 24 Low | $ 589.1000 |
After a quick rebound from the critical $550 mark, BNB’s price has overcome the prevailing supply pressure. The recent decline tested the 200D EMA amid an imminent death cross. Nevertheless, the price has initiated a promising reversal rally that hints at a potential recovery soon.
Among the layer-1 altcoins least impacted by the bear market, the Binance token price displays a sideways movement. Despite the substantial correction across the broader market, the BNB market price has only declined by 6% over two weeks.
On the 4H chart, the BNB price trend indicates a fall below the 50 and 200 EMAs and a break below a support trendline. However, this layer-1 altcoin remains above the $500 psychological mark and hints at a potential double-bottom reversal at $540.
Optimistically, if the uptrend resumes, the BNB price could climb to the $650 level.
| BNB Price Prediction | Potential Low | Potential Average | Potential High |
| May 2024 | $500 | $630 | $763 |
Also Read : Binance Execs Face Trial for Tax Evasion in Nigeria: What Is Their Defense?
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 $310. Despite the run, the BNB price is at a 10% discount from its 2023 high. Nevertheless, Binance exchange remains the largest cryptocurrency exchange by volume and one of the most reputable centralized exchanges.
After regaining the pivotal $300 mark, BNB’s price is on a quest to stabilize and reach the $400 mark.
The Total Value Locked (TVL) of Binance Smart Chain (BSC) has decreased significantly from its all-time high of $44.09 billion to $6.533 billion, according to DeFi Status. However, BSC is still the third largest player in the DeFi industry, with a daily volume of $785.63 million.
Despite this, BSC remains a major player in the DeFi industry and is well-positioned to benefit from any future expansion. As the DeFi industry continues to grow, BSC is likely to become even more popular, which could lead to an even bigger increase in TVL (total value locked) and demand for BNB (Binance Coin).
Therefore, 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.
| BNB Price Prediction | Potential Low | Potential Average | Potential High |
| 2024 | $480 | $710 | $1041 |
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 $710.
On the flip side, the BNB crypto may experience a low of $502.00, with an average price of $606.00.
By the end of 2026, the BNB coin price could reach a high of $995. However, the BNB coin price can see a low of $893, with an average price of $944 for the year.
BNB coin price is projected to reach a high of $1113 by the end of 2027. On the flip side, the BNB crypto could hit a low of $920, with an average price of $1016.5.
By the end of 2028, the BNB coin price could touch a high of $1395. However, if market conditions decline, the BNB crypto might drop to a low of $1261, with an average price of $1328.
In 2029, the Binance coin (BNB) will continue its bullish trend to reach $1679. However, the BNB crypto could form a low at $1581, with an average price of $1630.
As we step into 2030, the Binance coin (BNB), the BNB coin price could hit a high of $2081. On the other hand, the BNB crypto might hit a low of $1819, with an average price of $1950 for the year.
| BNB Price Prediction | Low | Average | High |
| 2024 | 280 | 439 | 541 |
| 2025 | 502 | 606 | 710 |
| 2026 | 893 | 944 | 995 |
| 2027 | 920 | 1016.5 | 1113 |
| 2028 | 1261 | 1328 | 1395 |
| 2029 | 1581 | 1630 | 1679 |
| 2030 | 1819 | 1950 | 2081 |
| BNB Price Prediction | 2024 | 2025 |
| DigitalCoinPrice | 636.32 | 898.71 |
| CoinCodex | 1,053.92 | 994.64 |
| Gov Capital | 872 | 1217 |
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.
Final Thoughts
Based on our analysis of factors like market sentiment, Binance exchange growth, and BNB utility expansion, BNB is likely to reach $550 by 2024. Much will depend on whether the cryptocurrency bull run continues over the next two years. However, predicting prices has inherent uncertainties.
While the future looks bright for BNB, note that cryptocurrencies are highly volatile and speculative. Unforeseen events can swiftly impact prices. Only invest amounts in BNB that you can afford to lose. It is also crucial to do thorough research and not unthinkingly follow any predictions.
Understand the risks thoroughly before investing in digital coins. With continued product development and robust demand, $600 may be possible by 2025. Again, independent analysis and decision-making are conducted. Overall, BNB stands firm but continually invests cautiously in cryptocurrencies and never risks more than you can afford.
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No, as per reports by Binance.com there will be no surge in the fees.
Binance Coin (BNB)’s is the native coin of Binance exchange which is centralized. They have also rolled out a decentralized platform Binance Smart Chain.
As per our BNB price prediction, the maximum trading price of $BNB could potentially reach $710 by the end of 2025.
The price of the digital asset could reach a potential high of $2081 by the end of 2030.
Binance has reported a 49% year-to-date increase in new users in the MENA region, which suggests a growing demand and interest in their services. Therefore, Binance and the BNB coin do have a future in the MENA region
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.
Since the listing of $BNB is close to $0.10, the value of a single BNB token has increased by 248,900% to reach $249. Considering this growth, your $100 investment would have increased to $24,900 in the last six years.
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