Binance Coin (BNB) Price Prediction 2025-2030: Should BNB have $3K in its sights?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

What does the thought of holding an exchange token mean for you? I mean, exchange tokens aren’t necessarily known for ROIs or profits or anything, right? Does the thought excite you?

Most would say – No. Does this mean BNB is not worth looking at, however? Well, it may be time to reconsider that.

Consider this – In January 2021, the price of Binance Coin (BNB) was $40. However, 2021 also saw a significant incline in BNB’s price, one that allowed it to hit $690 on the price charts. In fact, this was its highest price level in 2021.

Worth noting, however, that soon after, the latter few months of 2021 saw the wider market fall across the board. Needless to say, the same had a ripple effect on BNB’s price charts as well, with the exchange token hitting new lows.

Binance Coin (BNB) is the native token of Binance which is the largest cryptocurrency exchange in terms of market capitalization. Although BNB is not a fully decentralized coin, it can nonetheless operate flawlessly in a DeFi system.

In early January 2021, BNB was trading at $40, with a total trading volume of $413 million. Its performance continued to grow and during the cryptocurrency boom witnessed in 2021, BNB’s price significantly rose to an all-time-high (ATH) of 2021 – $690. The crypto-market, however, experienced a bloodbath in the latter few months of 2021, with major cryptocurrencies, including BNB, experiencing a significant decline.

Nevertheless, BNB also functions as a payment method and opens up more opportunities on the Binance platform, including savings, DeFi staking, and liquidity mining via the BNB vault.

It was initially used as an ERC-20 token on the Ethereum (ETH) network before being moved to the Binance network and changing its name to BEP-20.

As the Ethereum Merge has taken place, Binance has been able to manage the transition for its users in an efficient manner.  

Binance Coin was initially created in 2017 as a utility token for discounted trading fees. Today, however, its use cases have grown on several cryptocurrency exchanges. BNB can be used to pay transaction fees on many Binance platforms such as Binance.com, Binance DEX, and Binance Chain, besides crypto.com and HTC. Hotel booking sites (e.g. TravelbyBit), SAAS platforms (e.g. Canva), DeFi apps (Moeda) and a large number of platforms accept BNB as a mode of payment.   

BNB’s price has fallen as a result of the cryptocurrency market’s sharp bearish shift. One can also argue that the SEC’s issues with Binance took a heavy toll on the price of the altcoin. Even so, expectations remain high.

Finder.com surveyed 54 people recently, with the panel believing that the coin has promising long-term potential. The crypto’s price is expected to hit $781 in 2023. And, although BNB may not be receiving as much…