Binance Coin (BNB) is a native token of the Binance exchange. It is used to pay commission fees on the exchange and trade in more than 50 cryptocurrency pairs. Recently, Binance coin showed impressive performance on the crypto market and outstood the Tether stablecoin from its third place.
What can potentially happen to Binance Coin price in the next five years? Let’s uncover some facts and prospects of Binance coin cryptocurrency.
Table of Contents
BNB Overview
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What Is Binance Coin (BNB)?
Binance coin was released in July 2017 during the ICO. The main goal was to attract investments for the development of the Binance exchange. Initially, BNB token standard was ERC-20, operated on the Ethereum blockchain, and was not available for mining. On April 18, 2019, Binance Chain was launched, and all BNB tokens were moved to its blockchain in five days.
Under the ICO terms, 50% of Binance Coin tokens were distributed among investors, the team received 40% and 10% – venture investors. The team succeeded in collecting 15 million US dollars; the exchange was supported mainly by investors from China. This sum is not very impressive, since some projects raised a more considerable amount without a working business and products. Half of the money went to advertising and brand promotion, 35% – for platform development, modernization, and security, and the remaining 15% was directed to the reserve fund.
The BNB coin is subject to inflation, but the creators took this point into account even at the creation of the white paper stage. According to one of the white paper points, every three months, the Binance exchange sets aside 20% of its income for the subsequent redemption of coins and their burning. As a result, only 100 million BNB will remain, i.e., half of the initially issued volume.
On the Binance platform, the BNB Coin cryptocurrency performs three functions:
- Acts as a trading asset
- Used to reduce fees
- Suitable for paying for goods on platforms that accept Binance Coin
One can use Binance Coin to pay for any fees on the platform, including but not limited to: exchange fees, listing fees, and any other fees. When users apply BNB to pay for fees, they receive a significant discount, depending on the time spent using BNB to cover the fees.
For instance, the Binance users can have a 50% discount on trading fees during the first year since they started trading on the exchange. The trend leads to a 25% discount in the following year, 12.5% in the third year, 6.75% in the fourth year. The discount ends in the fifth year.
The token was established with a total supply of 200 million and is not mineable. As we have already mentioned, all the issued coins were either distributed or burned after the launch of the asset.
Binance has launched its own startup platform, Binance Launchpad. It publishes various interesting projects looking for investors, and Binance leads the IEO – the initial sale of tokens by the exchange. You can participate in IEO if you have BNB tokens, so each such project provokes a demand for Binance Coin.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $438.61 | $450.89 | $527.03 |
| 2024 | $620.03 | $642.58 | $765.33 |
| 2025 | $910.62 | $942.75 | $1,074.87 |
| 2026 | $1,372.55 | $1,410.26 | $1,589.37 |
| 2027 | $1,939.05 | $2,009.57 | $2,403.32 |
| 2028 | $2,896.84 | $2,977.22 | $3,410.22 |
| 2029 | $4,422.32 | $4,541.41 | $5,011.35 |
| 2030 | $6,610.60 | $6,792.25 | $7,703.14 |
| 2031 | $9,313.01 | $9,584.70 | $11,767.66 |
| 2032 | $13,179.84 | $13,659.07 | $16,075.67 |
BNB Price Prediction 2023
According to the technical analysis of BNB prices expected in 2023, the minimum cost of BNB will be $438.61. The maximum level that the BNB price can reach is $527.03. The average trading price is expected around $450.89.
BNB Price Forecast for January 2023
Based on the price fluctuations of BNB at the beginning of 2022, crypto experts expect the average BNB rate of $322.73 in January 2023. Its minimum and maximum prices can be expected at $295.07 and at $331.95, respectively.
February 2023: BNB Price Forecast
Cryptocurrency experts are ready to announce their forecast for the BNB price in February 2023. The minimum trading cost might be $320.12, while the maximum might reach $348.09 during this month. On average, it is expected that the value of BNB might be around $332.41.
BNB Price Forecast for March 2023
Crypto analysts have checked the price fluctuations of BNB in 2022 and in previous years, so the average BNB rate they predict might be around $345.71 in March 2023. It can drop to $330.34 as a minimum. The maximum value might be $364.70.
April 2023: BNB Price Forecast
In the middle of the year 2022, the BNB price will be traded at $359.53 on average. April 2023 might also witness an increase in the BNB value to $378.53. It is assumed that the price will not drop lower than $344.17 in April 2023.
BNB Price Forecast for May 2023
Crypto experts have analyzed BNB prices in 2022, so they are ready to provide their estimated trading average for May 2023 — $373.91. The lowest and peak BNB rates might be $361.62 and $396.51.
June 2023: BNB Price Forecast
Crypto analysts expect that at the end of summer 2022, the BNB price will be around $381.39. In June 2023, the BNB cost may drop to a minimum of $366.02. The expected peak value might be $415.21 in June 2023.
BNB Price Forecast for July 2023
Having analyzed BNB prices, cryptocurrency experts expect that the BNB rate might reach a maximum of $430.47 in July 2023. It might, however, drop to $381.28. For July 2023, the forecasted average of BNB is nearly $396.65.
August 2023: BNB Price Forecast
In the middle of autumn 2022, the BNB cost will be traded at the average level of $412.52. Crypto analysts expect that in August 2023, the BNB price might fluctuate between $400.22 and $450.29.
BNB Price Forecast for September 2023
Market experts expect that in September 2023, the BNB value will not drop below a minimum of $405.40. The maximum peak expected this month is $470.92. The estimated average trading value will be at the level of $420.77.
October 2023: BNB Price Forecast
Cryptocurrency experts have carefully analyzed the range of BNB prices throughout 2022. For October 2023, their forecast is the following: the maximum trading value of BNB will be around $487.75, with a possibility of dropping to a minimum of $416.89. In October 2023, the average cost will be $429.19.
BNB Price Forecast for November 2023
Based on the price fluctuations of BNB at the beginning of 2022, crypto experts expect the average BNB rate of $442.06 in November 2023. Its minimum and maximum prices can be expected at $429.77 and at $504.92, respectively.
December 2023: BNB Price Forecast
Cryptocurrency experts are ready to announce their forecast for the BNB price in December 2023. The minimum trading cost might be $438.61, while the maximum might reach $527.03 during this month. On average, it is expected that the value of BNB might be around $450.89.
BNB Price Prediction 2024
After the analysis of the prices of BNB in previous years, it is assumed that in 2024, the minimum price of BNB will be around $620.03. The maximum expected BNB price may be around $765.33. On average, the trading price might be $642.58 in 2024.
Month Minimum Price Average Price Maximum Price January 2024 $453.72 $466.87 $546.89 February 2024 $468.84 $482.84 $566.74 March 2024 $483.96 $498.82 $586.60 April 2024 $499.08 $514.79 $606.46 May 2024 $514.20 $530.76 $626.32 June 2024 $529.32 $546.74 $646.18 July 2024 $544.44 $562.71 $666.04 August 2024 $559.55 $578.68 $685.90 September 2024 $574.67 $594.66 $705.76 October 2024 $589.79 $610.63 $725.62 November 2024 $604.91 $626.60 $745.47 December 2024 $620.03 $642.58 $765.33
BNB Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of BNB, in 2025, BNB is expected to have the following minimum and maximum prices: about $910.62 and $1,074.87, respectively. The average expected trading cost is $942.75.
Month Minimum Price Average Price Maximum Price January 2025 $644.24 $667.59 $791.13 February 2025 $668.46 $692.60 $816.92 March 2025 $692.68 $717.62 $842.72 April 2025 $716.89 $742.63 $868.51 May 2025 $741.11 $767.65 $894.31 June 2025 $765.32 $792.66 $920.10 July 2025 $789.54 $817.67 $945.90 August 2025 $813.76 $842.69 $971.69 September 2025 $837.97 $867.70 $997.49 October 2025 $862.19 $892.72 $1,023.28 November 2025 $886.40 $917.73 $1,049.08 December 2025 $910.62 $942.75 $1,074.87
BNB Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of BNB and their fluctuations during the previous years. It is assumed that in 2026, the minimum BNB price might drop to $1,372.55, while its maximum can reach $1,589.37. On average, the trading cost will be around $1,410.26.
Month Minimum Price Average Price Maximum Price January 2026 $949.11 $981.71 $1,117.75 February 2026 $987.61 $1,020.66 $1,160.62 March 2026 $1,026.10 $1,059.62 $1,203.50 April 2026 $1,064.60 $1,098.58 $1,246.37 May 2026 $1,103.09 $1,137.54 $1,289.25 June 2026 $1,141.59 $1,176.50 $1,332.12 July 2026 $1,180.08 $1,215.46 $1,375.00 August 2026 $1,218.57 $1,254.42 $1,417.87 September 2026 $1,257.07 $1,293.38 $1,460.75 October 2026 $1,295.56 $1,332.34 $1,503.62 November 2026 $1,334.06 $1,371.30 $1,546.50 December 2026 $1,372.55 $1,410.26 $1,589.37
BNB Price Prediction 2027
Based on the analysis of the costs of BNB by crypto experts, the following maximum and minimum BNB prices are expected in 2027: $2,403.32 and $1,939.05. On average, it will be traded at $2,009.57.
Month Minimum Price Average Price Maximum Price January 2027 $1,419.76 $1,460.20 $1,657.20 February 2027 $1,466.97 $1,510.14 $1,725.03 March 2027 $1,514.18 $1,560.09 $1,792.86 April 2027 $1,561.38 $1,610.03 $1,860.69 May 2027 $1,608.59 $1,659.97 $1,928.52 June 2027 $1,655.80 $1,709.91 $1,996.35 July 2027 $1,703.01 $1,759.86 $2,064.17 August 2027 $1,750.21 $1,809.80 $2,132.00 September 2027 $1,797.42 $1,859.74 $2,199.83 October 2027 $1,844.63 $1,909.68 $2,267.66 November 2027 $1,891.84 $1,959.63 $2,335.49 December 2027 $1,939.05 $2,009.57 $2,403.32
BNB Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of BNB. Based on their predictions, the estimated average BNB price will be around $2,977.22. It might drop to a minimum of $2,896.84, but it still might reach $3,410.22 throughout 2028.
Month Minimum Price Average Price Maximum Price January 2028 $2,018.86 $2,090.21 $2,487.23 February 2028 $2,098.68 $2,170.84 $2,571.14 March 2028 $2,178.49 $2,251.48 $2,655.04 April 2028 $2,258.31 $2,332.12 $2,738.95 May 2028 $2,338.13 $2,412.76 $2,822.86 June 2028 $2,417.94 $2,493.40 $2,906.77 July 2028 $2,497.76 $2,574.03 $2,990.68 August 2028 $2,577.58 $2,654.67 $3,074.59 September 2028 $2,657.39 $2,735.31 $3,158.49 October 2028 $2,737.21 $2,815.95 $3,242.40 November 2028 $2,817.02 $2,896.58 $3,326.31 December 2028 $2,896.84 $2,977.22 $3,410.22
BNB Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of BNB. It is estimated that BNB will be traded between $4,422.32 and $5,011.35 in 2029. Its average cost is expected at around $4,541.41 during the year.
Month Minimum Price Average Price Maximum Price January 2029 $3,023.96 $3,107.57 $3,543.65 February 2029 $3,151.09 $3,237.92 $3,677.07 March 2029 $3,278.21 $3,368.27 $3,810.50 April 2029 $3,405.33 $3,498.62 $3,943.93 May 2029 $3,532.46 $3,628.97 $4,077.36 June 2029 $3,659.58 $3,759.31 $4,210.78 July 2029 $3,786.70 $3,889.66 $4,344.21 August 2029 $3,913.83 $4,020.01 $4,477.64 September 2029 $4,040.95 $4,150.36 $4,611.07 October 2029 $4,168.07 $4,280.71 $4,744.49 November 2029 $4,295.19 $4,411.06 $4,877.92 December 2029 $4,422.32 $4,541.41 $5,011.35
BNB Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the BNB’s price. The year 2030 will be determined by the maximum BNB price of $7,703.14. However, its rate might drop to around $6,610.60. So, the expected average trading price is $6,792.25.
Month Minimum Price Average Price Maximum Price January 2030 $4,604.67 $4,728.98 $5,235.66 February 2030 $4,787.03 $4,916.55 $5,459.98 March 2030 $4,969.39 $5,104.12 $5,684.30 April 2030 $5,151.74 $5,291.69 $5,908.61 May 2030 $5,334.10 $5,479.26 $6,132.93 June 2030 $5,516.46 $5,666.83 $6,357.24 July 2030 $5,698.82 $5,854.40 $6,581.56 August 2030 $5,881.17 $6,041.97 $6,805.88 September 2030 $6,063.53 $6,229.54 $7,030.19 October 2030 $6,245.89 $6,417.11 $7,254.51 November 2030 $6,428.24 $6,604.68 $7,478.82 December 2030 $6,610.60 $6,792.25 $7,703.14
BNB Price Prediction 2031
After years of analysis of the BNB price, crypto experts are ready to provide their BNB cost estimation for 2031. It will be traded for at least $9,313.01, with the possible maximum peaks at $11,767.66. Therefore, on average, you can expect the BNB price to be around $9,584.70 in 2031.
Month Minimum Price Average Price Maximum Price January 2031 $6,835.80 $7,024.95 $8,041.85 February 2031 $7,061.00 $7,257.66 $8,380.56 March 2031 $7,286.20 $7,490.36 $8,719.27 April 2031 $7,511.40 $7,723.07 $9,057.98 May 2031 $7,736.60 $7,955.77 $9,396.69 June 2031 $7,961.80 $8,188.48 $9,735.40 July 2031 $8,187.00 $8,421.18 $10,074.11 August 2031 $8,412.21 $8,653.88 $10,412.82 September 2031 $8,637.41 $8,886.59 $10,751.53 October 2031 $8,862.61 $9,119.29 $11,090.24 November 2031 $9,087.81 $9,352.00 $11,428.95 December 2031 $9,313.01 $9,584.70 $11,767.66
BNB Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the BNB’s price. The year 2032 will be determined by the maximum BNB price of $16,075.67. However, its rate might drop to around $13,179.84. So, the expected average trading price is $13,659.07.
Month Minimum Price Average Price Maximum Price January 2032 $9,635.24 $9,924.23 $12,126.66 February 2032 $9,957.48 $10,263.76 $12,485.66 March 2032 $10,279.72 $10,603.29 $12,844.67 April 2032 $10,601.95 $10,942.83 $13,203.67 May 2032 $10,924.19 $11,282.36 $13,562.67 June 2032 $11,246.43 $11,621.89 $13,921.67 July 2032 $11,568.66 $11,961.42 $14,280.67 August 2032 $11,890.90 $12,300.95 $14,639.67 September 2032 $12,213.13 $12,640.48 $14,998.67 October 2032 $12,535.37 $12,980.01 $15,357.67 November 2032 $12,857.61 $13,319.54 $15,716.67 December 2032 $13,179.84 $13,659.07 $16,075.67
Frequently Asked Questions
In this section, we have collected the most popular questions regarding Binance Coin.
BNB price now
As of now, BNB (BNB) price is $319.05 with BNB market capitalization of $50,379,255,022.90.
Is BNB a good investment?
The forecast for BNB price is quite positive. It is expected that BNB price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can BNB rise?
It seems that the average price of BNB might reach {AveragePrice2022} in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $2,009.57. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will BNB be worth 2023?
BNB minimum and maximum prices might hit $438.61 and $527.03 accordingly.
How much will BNB be worth 2025?
BNB network is developing rapidly. BNB price forecast for 2025 is rather positive. The BNB average price is expected to reach minimum and maximum prices of $910.62 and $1,074.87 respectively.
How much will BNB be worth 2030?
BNB is provided with suitable environment to reach new heights in terms of price. BNB price prediction is quite positive. Business analysts predict that BNB might reach the maximum price of $7,703.14 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is
Will BNB go up?
According to the presented price predictions and recent price rise, Binance coin cryptocurrency can definitely go up a lot more in the future.
Is BNB worth buying?
Definitely. Not only as an internal currency of Binance exchange but as an investment option too, since the price of the coin is rising.
Where do I buy Binance Coin?
The most obvious answer is the Binance exchange. However, Changelly is here to offer you a smooth and instant BNB purchase with a credit card or Apple Pay. Check out our widget below to find out more about rates and possible fiat options.
Binance coin is the best cryptocurrency to hodl if you don’t really want to convert your bitcoin to cash, using all other exchanges
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BNB is definitely one to HODL for a long term investment.
Just got me some extra Binance Coin 🙂
BNB is the best!
Great post!
Let’s just hope that the price of bob will rise. I love Binance, and its products, so…
Bnb price seems to be one of the most stable ones on the market
Thanks for such a full bnb price prediction. I will def buy it to hodl
Binance is great. I won’t be surprised if the bnb price stays at a decent level when everything else drops
Binance coin is just a marketing project of Binance. Nothing behind this cryptocurrency but loyalty program. Wouldn’t advise to believe all the positive bnb price predictions 2020.
bnb coin is a great project! binance coin price gonna be higher and higher in the next years!