How much can BNB still rise?
Many people overlook the potential of BNB, but from the perspectives of fundamentals, capital, and technical analysis, there is still plenty of room for BNB to rise in this round; the current situation is just the starting point.
(1) Strong fundamentals, valuation is yet to be reassessed
BNB is the platform token of the world's largest exchange and also the third-largest public chain by market capitalization. Its current market cap is about 100 billion USD, while the almost useless XRP has a market cap of 200 billion. BNB clearly has over 50% upside potential.
(2) Clear deflationary logic, long-term scarcity increased
With an additional 60 million new users by 2025, if each person buys 1000 USD worth of BNB, it will bring an incremental demand of 60 billion USD.
BNB has a clear deflationary mechanism, with quarterly profit buybacks and burns, resulting in an annual deflation rate of 4.77%. The total supply has reduced from 400 million to 146 million, with supply continuously decreasing and scarcity constantly increasing.
(3) Technical aspects ready to break out, low profit-taking pressure
BNB's monthly chart has been consolidating for a year, indicating a strong demand for a breakout.
Data shows that Nano Labs recently increased their OTC holdings by 45,684 BNB at an average price of 764 USD, while the current holding average price is 707 USD, indicating that large funds are stabilizing their positions without significant floating profit selling pressure. In contrast, most ETH addresses are currently in substantial profit, whereas BNB is in a healthier accumulation range.
📈 In summary, the year-end target for BNB is 900 USD, and the medium to long-term target is 2000 USD (during the next BTC halving cycle).
The earlier you get in, the sooner you can enjoy the benefits of the main rising wave.
