BNB was launched through an ICO in July 2017, priced at $0.10 per token. By the end of 2017, BNB's price had climbed to approximately $10, driven by the cryptocurrency bull run and the rapid growth of Binance. The bear market following the 2017 crypto rally affected BNB as well, with its price declining to a low of approximately $4 by the end of 2018.

BNB started recovering in 2019, gradually increasing in value. By mid-2019, BNB's price surged to a peak of around $39. However, market corrections brought its price back down to the $12-$15 range by the end of the year.

The price recovery that began in 2020 was interrupted by the collapse of the crypto market in March 2020. However, after that, the price continued to grow steadily. By the end of 2020, BNB was trading at approximately $37.

The year 2021 saw unprecedented growth for BNB, fueled by the cryptocurrency market's bull run and the rapid adoption of Binance Smart Chain. With Ethereum gas fees skyrocketing, developers and users flocked to BSC for its lower transaction costs and faster confirmations, driving demand for BNB. In May 2021, BNB reached $690.93, becoming the third-largest cryptocurrency by market capitalization. However, the subsequent market correction caused its price to decline. Following the market correction in May, BNB's price fluctuated but remained above $250 for most of the year. The token closed 2021 at approximately $510.

In 2022, the cryptocurrency market experienced another global correction and the prices of many coins, including BNB, dropped significantly. During the year, the price of BNB fell below $200 a few times, and closed the year at around $250.

In early 2023, the price showed a recovery, but from May onwards it started to fall again and reached a local low of around $205 in October 2023. The rapid growth of the crypto market that started after that led to a rise in the BNB's price, which is still going on.