The native coin of BNB Chain (BNB) has seen a noticeable improvement in its price over the last few hours. This reflects a clear trend of a slow but progressive return of capital to the world of cryptocurrencies after last week's crash. What should investors expect from this coin in the short term?
First of all, it should be noted that BNB is one of the largest coins in the world in terms of market capitalization. Being associated with the largest exchange in the world makes it one of the most consistent crypto assets with the greatest potential. By 2025, no less is expected and analysts assume that the token's goal is an ATH above $1,000 per coin.
Meanwhile, the coin is struggling with relative success to maintain an acceptable position in the eyes of investors. Over the past few hours, its price has experienced a notable recovery, as shown by data from the CoinMarketCap portal.
In contrast to USDT, the coin has a good record and is now back in the green in a month (+4.35%). Likewise, compared to other major coins, it also has a dominant performance. Against Bitcoin it exhibits a +8% and against Ethereum a +2.96% in the same period. Meanwhile, the price of BNB is $683 dollars, 12% below its ATH of December 4 of this year.
What to expect for the BNB price in the short term?
As already mentioned, being one of the largest coins in market capitalization (#5 on CoinMarketCap's ranking) its prospects are enormous. Regulation of the crypto world in the United States could allow the Binance exchange to operate openly in that market. The latter would have a huge impact on the BNB token.
As global numbers suggest, direct rivals like Coinbase or Kraken would not be a big problem for this giant crypto trading firm. Having US users would give Binance a multiplied trading volume and its market dominance could return to the old days. The demand for the BNB token under such circumstances could be insane, leading its price to an explosive rally.
On the other hand, from a technical analysis point of view, the situation also looks very favorable. According to the CoinCodex portal, within three months the price of the coin will exceed $1,000. Although the market sentiment is currently bearish (48%), the coin is expected to close 2025 near $1,000.
It is important to note that predictions based on technical analysis are often not entirely reliable. This is because they are based on historical performance, which is not a guarantee of future performance.