The post BNB Coin Price Prediction 2024-2030: Will BNB Hit $1000 in 2024? appeared first on Coinpedia Fintech News
Story Highlights
- The Current price of Binance Coin is $ 594.97182808
- By the end of 2024, the BNB price prediction anticipates a potential high of $1041.
- By 2030, the Binance Coin price prediction estimates a high of $2,081.
Amid the recovery rally in the crypto market, as Bitcoin rises above $67k, the Binance Coin (BNB) Price Predictions tease a new all-time high with the $600 breakout.
However, the underlying uncertainties with the global tensions raise 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.
Table of contents
Overview
| Cryptocurrency | BNB |
| Token | BNB |
| Price | $ 594.97182808  -1.03% |
| Market cap | $ 86,825,227,580.5849 |
| Circulating Supply | 145,931,661.7745 |
| Trading Volume | $ 1,700,696,755.1241 |
| All-time high | [all_time_high sym=”BNB”] |
| All-time low | $ N/A |
| 24 High | Coming soon |
| 24 Low | Coming Soon |
*The statistics are from press time.
Binance Coin (BNB) Price Prediction October 2024
With a bullish struggle to surpass the $600 psychological supply zone, the BNB coin price is ready for a negative cycle within an ascending triangle pattern. With an intraday pullback of 1.48%, the BNB price is trading at $592, creating a bearish engulfing candle.
This ends the three-day streak of a bullish recovery and puts the BNB price trend on a trajectory to retest the support trendline. However, as the broader market recovers, the BNB price is expected to bounce back from the trendline for a bull cycle.
As the broader market recovers, the chances of a breakout early are increasing for Binance as it approaches the apex of the triangle pattern. Supporting the bullish trend, the MACD and signal line give a bullish crossover, with the 50-day EMA providing dynamic support.
Amid such conditions, a bullish continuation can reach the $711 mark with an optimistic target of $740. On the flip side, a reversal from $600 will test the 50D EMA at the $550 mark.
| Month | Potential Low | Potential Average | Potential High |
| October | $587 | $649 | $711 |
Binance (BNB) Price Prediction For 2024
With a year-to-date growth of 86%, the bullishness in price of BNB has recovered remarkably and is currently trading at $582. Despite the run, the BNB price is at a 19.68% discount from its 52-week high of $724.
The Total Value Locked (TVL) of Binance Smart Chain (BSC) has decreased significantly from its all-time high of $44.09 billion to $ 8.009 billion, according to DefiLlama. However, BSC is still the third largest player in the DeFi industry, with a daily volume of $734 million.
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.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $480 | $710 | $1041 |
BNB Coin Price Projection 2025
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 $1,092. On the flip side, the BNB crypto may experience a low of $761, with an average price of $926.
| Year | Potential Low | Average Price | Potential High |
| 2025 | $761 | $926 | $1,092 |
Curious if Bitcoin will hit $100K as the crypto bull run begins? Find out more about Coinpedia’s Bitcoin price prediction.
BNB Crypto Price Prediction 2026-2030
| Year | High Price | Average Price | Low Price |
| 2026 | $1,521 | $1,316 | $1,111 |
| 2027 | $1,750 | $1,521 | $1,292 |
| 2028 | $1,395 | $1,328 | $1,261 |
| 2029 | $2,355 | $2,174 | $1,993 |
| 2030 | $2,081 | $1,950 | $1,819 |
Binance Coin Price Forecast 2026
By late 2026, BNB’s price could climb to a high of $1,521. However, the price might dip to $1,111, with an average value of $1,316 throughout the year.
BNB Coin Price Prediction 2027
In 2027, BNB’s price is anticipated to hit a peak of $1,750. On the downside, the price could fall to $1,292, with an average of $1,521.
Binance Price Projection 2028
By the close of 2028, BNB’s price may reach a high of $1,395. If market conditions worsen, it could drop to $1,261, with an average price of $1,328.
BNB Crypto Price Prediction For 2029
In 2029, BNB could continue its upward momentum, potentially reaching $2,355. However, it may see a low of $1,993, with an average price of $2,174.
Binance Coin Price Prediction For 2030
As 2030 begins, BNB could hit a new high of $2,081. Conversely, it may bottom out at $1,819, with an average price of $1,950.
Binance Coin (BNB) Price Prediction 2024-2030:
What Does The Market Say?
| BNB Price Prediction | 2024 | 2025 |
| DigitalCoinPrice | 636.32 | 898.71 |
| CoinCodex | 1,053.92 | 994.64 |
| Gov Capital | 872 | 1217 |
CoinPedia’s Binance (BNB) Coin Price Prediction
Despite 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.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $480 | $710 | $1041 |
Is BNB a Profitable Investment?
Yes, BNB is a profitable investment for the long term. Several initiatives, such as the auto-burn mechanism, contribute to reducing its supply and potentially increasing its value over time.
Final Thoughts
Based on our analysis of factors like market sentiment, Binance exchange growth, and BNB utility expansion, BNB is likely to reach $1041 by 2024.
Historical Price Performance
With a bullish recovery at play, Binance has successfully recovered from the 2022 bear run and the 2023 consolidation range. As the lower price rejection increases in the monthly candles, the chances of Binance coin surpassing the $1000 mark skyrocket.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
FAQs
The initial price of Binance Coin (BNB) at the time of the ICO was $0.15.
The all-time low price of Binance Coin was $0.09611 on August 01, 2017.
As per our BNB price prediction, the maximum trading price of $BNB could potentially reach $1,092 by the end of 2025.
The price of the digital asset could reach a potential high of $2081 by the end of 2030.
The all-time high price of Binance Coin was $724.7 on June 06, 2024.
Binance Coin has a year-to-date (YTD) growth of 62%.
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.
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