$BNB Transferred

Fundamental Analysis

Fundamental analysis aims to assess the fundamental value of an asset, while technical analysis involves studying statistical patterns in the price and trading volume of that asset. Both techniques are used to analyze and forecast potential future price developments of the asset.

In the case of BNB, the simplest way to conduct a fundamental analysis is to look at the supply and demand dynamics. Additionally, the market cap ($99.30 billion) and circulating supply ($145.89 million) can be considered to arrive at reasonable price assumptions for the future. On the demand side, on-chain data related to the number of active addresses, new addresses, and the number of transactions can be considered.