$BNB
Here is a table with price predictions for Binance Coin (BNB) for the years 2024-2030, 2040 and 2050.
Year Average Price* Percent Increase
2024 $541.04 -%
2025 $999.38 84.71%
2026 $1,480.33 -99.90%
2027 $2,175.42 100.00%
2028 $3,213.92 50.00%
2029 $4,545.17 33.33%
2030 $6,605.04 50.00%
2031 $9,879.38 50.00%
2032 $14,507.38 55.56%
2033 $20,696 42.86%
2040 $83,918.38 315.00%
2050 $197,076 137.35%
***Note that these are forecasts sourced from Changelly and average prices are subject to changes.
What Is Binance Coin (BNB)?
Binance Coin is used to power the Binance exchange. It primarily serves as a way to convert between cryptocurrencies. Users can trade hundreds of tokens in pairs with the BNB token. Additionally, the token can be used to pay lower fees, loans, payments and travel arrangements. It launched on the Ethereum chain in 2017, but once the Binance Smart Chain was created, the token was moved over and currently trades on BSC.
Binance also uses one-fifth of profits each quarter to buy back BNB tokens and burn them. This can put upward pressure on the price and can mean that BNB’s performance is correlated with the performance of Binance as a whole.
Will BNB Go Past All-Time Highs?
BNB has reached a new all-time high last Jun. 6, 2024 when it went as high as $720.67. BNB’s previous high of over $690 was set in May 2021. The token has performed well year to date but has lost around 11% of its value since its ATH. While it's certainly possible for BNB to reach another ATH in the future, investors should be cautious and consider the various factors that could influence the timeline for this milestone. Additionally, BNB has largely benefited from a handful of new meme coins that have taken off in popularity. If new meme coins continue to show up and Binance continues offering them, there is room for BNB to continue going up.
