Analyst predicts BNB will reach $1986 in 2025, too exaggerated?
• Historical prices and increases: As of December 31, 2024, 14:00 (UTC+8), BNB's year-to-date increase is 120%, which is higher than BTC's 119% in the Top 10 by market capitalization (excluding USDT and USDC). On December 4, 2024, BNB set a historical high of $795, and by December 28, BNB climbed to $730, not far from $1000.
• Platform empowerment and user base: Several earning tools from Binance are deeply tied to BNB user holdings, such as LaunchPool and HODLer, encouraging users to hold BNB continuously, with a total staking amount between 11 million and 26 million coins and a large number of participants. In 2024, Binance user deposits reached $21.6 billion, and the global user base has grown to nearly 250 million people, with institutional user growth doubling compared to last year.
• Industry environment and policy expectations: After Trump took office, the U.S. claimed it would establish a national strategic reserve for Bitcoin and make America the crypto capital, which may benefit the cryptocurrency asset market. As Binance is a cryptocurrency trading platform with 250 million users, it could gain from this.
Therefore, BNB reaching $1986 in 2025 is not impossible and is not exaggerated at all 🙈