Story Highlights
- Binance coin price could reach a maximum of $350 by the end of 2023.
- BNB Coin price, with a potential surge, could go as high as $2,081 by the end of 2030.
- Binance coin live price is $ 229.14052789.
With an impressive recovery in October, the altcoins are giving remarkable returns and reclaiming lost levels, teasing trend reversal. The Binance (BNB) coin price rides the recovery trend but remains under some crucial resistance.
Gaining momentum and sustaining above $200 remains a highlight for BNB price and increases the likelihood of crossing the $300 barrier. Moreover, with the crypto trading back in trend, the volumes will increase and Binance can capitalize on those gains.
As Binance remains the biggest centralized crypto exchange, investors are expecting growth in BNB prices in the coming years.
Nevertheless, as the regulations remain a concern, it raises questions like, “Is Binance safe or not?” or “Will Binance go higher in 2023?”
To answer these questions and provide a clear view of the BNB price action, we present our Binance Price Prediction for 2023-2030.
Our BNB price prediction provides a more in-depth look at the fundamental analysis, technical analysis, upcoming regulatory updates, partnerships, and other factors that could affect the price of BNB.
Continue reading to learn if Binance (BNB) is a good investment at $200.
Overview
| Cryptocurrency | BNB |
| Token | BNB |
| Price | $ 229.14052789   -10.18% |
| Market Cap | $ 34,760,651,384.4116 |
| Trading Volume | $ 2,519,242,219.5321 |
| Circulating Supply | 151,700,145.3426 |
| All-time High | $690.93 May 10, 2021 |
| All-time Low | $0.09611 Aug 01, 2017 |
| 24 High | $ 271.9000 |
| 24 Low | $ 224.0000 |
What’s New With Binance?
Workforce Reduction: Binance cut over 1,000 positions to streamline operations and improve efficiency.
Regulatory Scrutiny: The U.S. SEC filed 13 charges against Binance Holdings Ltd. and its founder, Changpeng Zhao, highlighting increased regulatory scrutiny in 2023. Moreover, the U.S. Department of Justice is preparing a lawsuit against Binance for fraud charges.
Product Innovation: Binance launched Dual Investment and Range Bound products, expanding user investment options.
Product Closures: Binance shuts down its Binance Pay to refocus on core projects.
Binance’s Growth in Dubai: Binance is expanding in Dubai because the UAE is crypto-friendly. Binance has experienced a 49% increase in new users in MENA.
Binance (BNB) Price Prediction November 2023
Sustaining the BNB price above the $200 mark, the buyers regain trend control as the overall market bounces back. Further, the chances of the upcoming altcoin season boost the investor’s interest towards Binance, the biggest centralized crypto exchange.
In the recent rally, the BNB price shot up by 12% to challenge the overhead resistance of the consolidation range at $230. However, the incredible supply resulted in a retest of the $220 mark but showcased a post-retest reversal.
As of the latest data, BNB is trading at $227.7, experiencing an intraday rise of 1.47%. However, the price action haunts a potential double top pattern that could lead to a price fall below its neckline at $220.
Nevertheless, the rising 50-day EMA will provide a bullish cushion to any minor corrections and improve the reversal chances.
If the broader market continues its upward trajectory, BNB could capitalize on this momentum and break above the $230 resistance. If the breakout occurs, the next target for BNB price could be $250 and, eventually, $300. However, a double top fallout below $220 could test the psychological mark of $200 and trigger a bearish trend.
| BNB Price Prediction | Potential Low | Potential Average | Potential High |
| November 2023 | $200 | $250 | $300 |
Binance (BNB) Price Prediction For 2023
The price of BNB has lost 12% year-to-date and is currently trading at $215.10, a 38% discount from its 2023 high. Despite this, Binance exchange remains the largest cryptocurrency exchange by volume and one of the most reputable centralized exchanges.
After slipping below the pivotal $300 mark, BNB’s price is on a quest to stabilize. The coin’s current position is heavily influenced by a solid resistance trendline, resulting in it oscillating within a tight bracket.
The Total Value Locked (TVL) of Binance Smart Chain (BSC) has decreased significantly from its all-time high of $44.09 billion to $4.495 billion, according to DeFi Status. However, BSC is still the third largest player in the DeFi industry, with a daily volume of $275.39 million.
Despite this, BSC remains a major player in the DeFi industry and is well-positioned to benefit from any future expansion in the sector.
BSC is a great choice for both newcomers and experienced users of the Web3 world. It offers low fees, high transaction speeds, and a wide range of DeFi applications, including decentralized exchanges, lending protocols, and yield farming platforms.
As the DeFi industry continues to grow, BSC is likely to become even more popular, which could lead to an even bigger increase in TVL (total value locked) and demand for BNB (Binance Coin).
At the moment, BNB is trading in a narrow corridor between $200 and $230.
If the price of BNB bounces back from $200 with more strength than before, investors can expect it to reach $350 by the end of 2023. However, if the price reverses, BNB could fall to a low of $149.
| BNB Price Prediction | Potential Low | Potential Average | Potential High |
| 2023 | $149 | $249.5 | $350 |
BNB (BNB) Price Prediction For 2024
In 2024, the potential increase in institutional investments and clarity regarding crypto tax regulations globally will rally the crypto market. With improving conditions and confidence, Binance will attract more crypto traders in 2024.
Therefore, in 2024, the price of a BNB coin can reach a high of $541. However, in case of an economic slowdown, the BNB crypto might form a low at $337, with an average price of $439.
Binance Coin Price Prediction For 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 $710.
On the flip side, the BNB crypto may experience a low of $502.00, with an average price of $606.00.
Binance Coin Price Prediction For 2026
By the end of 2026, the BNB coin price could reach a high of $995. However, the BNB coin price can see a low of $893, with an average price of $944 for the year.
Binance Coin Price Prediction For 2027
BNB coin price is projected to reach a high of $1113 by the end of 2027. On the flip side, the BNB crypto could hit a low of $920, with an average price of $1016.5.
Binance Coin Price Prediction For 2028
By the end of 2028, the BNB coin price could touch a high of $1395. However, if market conditions decline, the BNB crypto might drop to a low of $1261, with an average price of $1328.
Binance Coin Price Prediction For 2029
In 2029, the Binance coin (BNB) will continue its bullish trend to reach $1679. However, the BNB crypto could form a low at $1581, with an average price of $1630.
Binance Coin Price Prediction For 2030
As we step into 2030, the Binance coin (BNB), the BNB coin price could hit a high of $2081. On the other hand, the BNB crypto might hit a low of $1819, with an average price of $1950 for the year.
| BNB Price Prediction | Low | Average | High |
| 2023 | 229 | 289.5 | 350 |
| 2024 | 337 | 439 | 541 |
| 2025 | 502 | 606 | 710 |
| 2026 | 893 | 944 | 995 |
| 2027 | 920 | 1016.5 | 1113 |
| 2028 | 1261 | 1328 | 1395 |
| 2029 | 1581 | 1630 | 1679 |
| 2030 | 1819 | 1950 | 2081 |
Binance Coin (BNB) Price Prediction 2023-2030:
What Does The Market Say?
| BNB Price Prediction | 2023 | 2024 | 2025 |
| DigitalCoinPrice | 546.53 | 636.32 | 898.71 |
| CoinCodex | 264 | 1,053.92 | 994.64 |
| Gov Capital | 275 | 872 | 1217 |
CoinPedia’s Binance (BNB) Coin Price Prediction
In spite of 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 $350 by the end of 2023.
Historical Market Sentiments 2018-2023
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
No, as per reports by Binance.com there will be no surge in the fees.
Binance Coin (BNB)’s is the native coin of Binance exchange which is centralized. They have also rolled out a decentralized platform Binance Smart Chain.
As per our BNB price prediction, the maximum trading price of $BNB could potentially reach $710 by the end of 2025.
The price of the digital asset could reach a potential high of $2081 by the end of 2030.
Binance has reported a 49% year-to-date increase in new users in the MENA region, which suggests a growing demand and interest in their services. Therefore, Binance and the BNB coin do have a future in the MENA region
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.
Since the listing of $BNB is close to $0.10, the value of a single BNB token has increased by 248,900% to reach $249. Considering this growth, your $100 investment would have increased to $24,900 in the last six years.
BNB
BINANCE
Source: https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/