BNB: A new journey of a market value of 100 billion US dollars, leading the future of blockchain
Content summary:
With the continuous development and application of blockchain technology, BNB, as the core token of Binance ecology, is showing its unique value and potential. From platform tokens to public chain native tokens, and then to storage chain native tokens, BNB's multiple roles have brought it a wide range of valuation space. This article will explore the price prediction of BNB in the new round of bull market from the two perspectives of currency circle logic and product logic, and look forward to its bright prospects of reaching a market value of 300 billion to 400 billion US dollars.
1. Price prediction based on currency circle logic
As the core token of Binance ecology, BNB's unique positioning and value are unique in the blockchain field. As Binance accelerates the frequency of listing on Launchpad, the benefits obtained by BNB holders through participating in new coin issuance activities are gradually increasing. According to the traditional price-to-earnings ratio, BNB's price-to-earnings ratio is relatively low, but considering its important position in the Binance ecology and its future growth potential, its valuation is expected to increase significantly. This article predicts that in the new round of bull market, the price of BNB will reach a high point of 2,000 to 3,000 US dollars, corresponding to a market value of approximately 300 billion to 400 billion US dollars.
2. Prospects based on product logic
In addition to the logic of the currency circle, from the perspective of product logic, the Binance ecosystem represented by BNB is also constantly innovating and developing. Take Binance Pay as an example. This payment product has gradually won a good reputation among blockchain users for its convenience, security and speed. As more and more users begin to use Binance Pay for operations such as stablecoin transfers, the application prospects of BNB in the payment field will be broader. This will not only help to enhance the practical value and market recognition of BNB, but also provide strong support for the growth of BNB's market value.
Based on the logic of the currency circle:
Considering this matter from the logic of the currency circle, returning to the essential question, what is BNB? As analyzed in previous articles, BNB is a very unique type of token. It is a complex, a platform token, a native token of the public chain (L1 and L2), and a native token of the storage chain (BNB greenfield). BNB can be valued from these angles, and there are corresponding benchmarks, but among these roles, BNB still has the largest role as a platform token. The most typical thing is that BNB can be used to offset transaction fees, and at the same time, holding BNB to participate in Launchpad will obtain continuous new stock issuance income.
It is obvious that Binance has accelerated the frequency of Launchpad listings since November 2023. So far, there are 2~3 Launchpad listings per month on average (compared to 2~3 times per quarter in the previous bear market). As a BNB holder, I am very happy to participate in every new coin issuance activity. I have also roughly calculated that the single yield is basically 1.5%~2.0%. According to this frequency, there are 2 Launchpad listings per month, so the approximate yield for 12 months a year is 36%~48%. If we look at it according to the traditional price-to-earnings ratio, BNB's price-to-earnings ratio is 2.08~2.78 times. What does this mean? Let's benchmark the traditional financial industry. The most conservatively valued A-share five major silver price-to-earnings ratio is more than 5 times. There is basically no financial institution such as banks and payments in the United States that is less than 10 times, and the price-to-earnings ratio of high-quality financial institutions is rarely less than 20 times. To be conservative, if the valuation is 10 times, BNB also has about 4 to 5 times of room for growth, which is almost exactly corresponding to the price of 2,000 US dollars and the total market value of 300 billion US dollars.
In short, as the core token of Binance Ecosystem, BNB has a unique position and potential in the blockchain field. From the perspective of both currency circle logic and product logic, BNB has the possibility of achieving a substantial increase in market value in the new round of bull market. We expect BNB to continue to lead the future development trend of blockchain and become an important force in the blockchain field.
In the bull market, we will form the best group in the entire network. Pay attention to me, see me pinned, and avoid detours in the currency circle.
