Below is a year‑by‑year summary of how Binance Coin (BNB) has performed since its launch:
Year Avg Price High Price % YoY Change (approx)
2017 (launch) $1.94 $11.30 +6,400% from ~$0.10
2018 $11.19 $24.91 –41.5% (end ~$6.10)
2019 $20.12 $39.45 –56.7% (closed ~$13.73)
2020 $21.34 $39.48 –63.3% (closed ~$37.36)
2021 $378.53 $689.72 –92.6% (closed ~$511.90)
2022 $324.37 $532.41 +114.1% return
2023 $266.78 $349.86 –21.9% return
2024 $543.24 $792.85 –46.7% return
2025 (YTD) $645.96 $743.94 +22.6% so far
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Key Highlights & Drivers:
2017–2018: Rocketed from <$0.11 to ~$11, then pulled back to ~$6.
2019–2020: Bounced back, peaking around $39 in both years before corrective dips.
2021: Exploded amid the Binance Smart Chain boom, hitting ~$690 in May.
2022: Faced market-wide crypto winter and regulatory pressure but still ended with a strong +114% annual return.
2023: Stabilized in a wide range ($200–$350); ended the year at around $312.
2024: Another volatile year, swinging from ~$288 to ~$793, averaging $543.
2025 (so far): Showing strength – averaging ~$646 and peaking around $744.
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Context & Interpretation
Utility & burns: BNB’s integration in Binance ecosystem (fees, BSC, DeFi) + routine coin “burns” reduce supply and support prices.
Bull/Bear cycles: 2021 was the standout bull, with 2022 recovery defying broader crypto trends.
Regulatory influences: Legal scrutiny (especially in the U.S. and EU) has spurred year-to-year volatility.
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✅ Summary Takeaway
BNB started with a meteoric rise ➝ reached its strongest bull cycle in 2021 ➝ weathered downturns in 2022–2023 ➝ maintained resilience with a strong start to 2025.
Year‑on‑year returns are declining but it still remains a major top‑10 crypto with utility-driven backing.
Given usage in DeFi, Binance fees, product burns, and regulatory shifts, price ranges will likely remain volatile, but underlying adoption trends are positive.