How does our $BNB price prediction for 2025 shape up?
Given how well the FTX situation has played out for Binance, many investors looking to get rich off crypto will now gravitate towards Binance Coin. Since Binance Coin is inextricably linked to the Binance exchange, its price will naturally rise as the exchange grows in stature.
According to a report from Fortune Business Insights, the cryptocurrency market is projected to value over $1.9 trillion by 2028, equating to a CAGR of 11.1% between now and then. This means the crypto market’s value is expected to more than double in the next six years, highlighting the massive opportunity that Binance now has.
The crypto market’s projected growth should also present new and exciting use cases for BNB. More dApp developers than ever are choosing to host their creations on the BNB Chain, adding even more utility to Binance Coin. Naturally, the larger Binance grows, the more popular the BNB Chain will become – leading to greater demand for Binance Coin. Putting all of this together, our Binance Coin price prediction for 2025 estimates the coin could reach a valuation of $605.98.