$BNB

BNB 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 predict potential future price developments.

In the case of BNB, the simplest way to conduct fundamental analysis is to look at supply and demand dynamics. Additionally, the market capitalization ($94.03 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.