BNB price trends are affected by a variety of complex factors. From historical data, it reached a high price of $719.37 on June 6, 2024, and fluctuated around $650 on February 20, 2025. Its price is closely related to the development of Binance Exchange. If Binance's trading volume increases, new markets are expanded, or more projects are deployed on Binance Smart Chain, it will increase the demand for BNB and drive up prices. For example, Binance Launchpad projects require BNB to participate, which can drive its demand.

However, the regulatory policies of the cryptocurrency market are changeable. If restrictive policies are introduced, the price of BNB may be suppressed. At the same time, the overall market situation also has an impact. The sharp fluctuations in the prices of mainstream currencies such as Bitcoin will trigger a chain reaction in the cryptocurrency market and impact the price of BNB.