Binance Coin (BNB) has experienced notable price fluctuations recently. As of March 1, 2025, BNB is trading at approximately $605.75, reflecting a modest increase from the previous close.

In the past week, BNB's price has declined by about 13.12%. This downward trend is part of a broader market correction affecting major cryptocurrencies. Despite this, BNB has shown resilience in previous market downturns. During the 2021–2022 bear market, BNB experienced a maximum drawdown of 73.3%, which was less severe than Bitcoin's 77.4% and Ethereum's 81.7%. Notably, BNB stabilized in 237 days, compared to Bitcoin's 517 days, highlighting its relative strength during challenging periods.

Looking ahead, some analysts are optimistic about BNB's potential recovery. For instance, CoinCodex forecasts that BNB could reach $728.41 by March 30, 2025, representing a potential increase of approximately 26.63% from current levels.