Before swapping Binance to WAX, make sure the deal is going to be as profitable as you expect.

But before we start with the BNB forecast, let us clarify some details about this coin. BNB, or Binance Coin, is a coin used by one of the major cryptocurrency exchanges Binance. It allows users to:

• pay trading commissions with a significant discount;
• organize ICO and token sales;
• stack the coin and earn dividends.

So, the coin seems to be pretty promising in both the long and short term. Let us have a look at what experts say though.

Binance Coin Forecast 2021- 2030

Recently, Binance has faced a number of accusations from regulators. So, it immediately influenced the coin’s value. In August 2021, the platform started solving the issues successfully, and the native crypto exchange rates improved.

So, the crypto started gaining its position in the market. Most investors believe that until the end of the year, BNB value will be fluctuating within the range of 350-590 USD. The crypto might grow beyond 600 USD by the end of 2021, but most investors agree that it won’t manage to cross the level of 700 US dollars in 2021.

The forecasts for 2022 are pretty controversial. Some investors believe that the BNB value will continue growing until BNB reaches the price of 1,500 US dollars per coin. Other specialists indicate though that 2022 is going to be the year. Binance Chain is now a fork from Ethereum. So, it is pretty similar to Ethereum. Binance is now competing with Ethereum by offering lower fees. However, in 2022, Ethereum is going to complete the move to Ethereum 2.0. With it, Binance is going to lose its main benefit compared to Ethereum. It might have a negative impact on the native platform’s coin.

BNB might start dropping in price. The bearish trend is expected to stay until the end of 2023. At that time, the coin price might stabilize at the mark of 700-800 dollars per coin.

2024 will bring the bearish movement for BNB.

At this point, opinions start to differ too much. Some investors insist that the BNB value isn’t going to cross the level of 2022. Others believe that during 2024-2025, the BNB value might grow to as much as 3,000 US dollars per one coin, and by 2023, one BNB might cost as much as 8,000 US dollars. At this point, it is difficult to say what forecast is more accurate. And we shall agree that the discrepancy between different opinions is too big.

It is clear though that the BNB growth is and will depend directly on the service’s position in the market. For now, we don’t have any doubt that Binance holds a strong position in the cryptocurrency market. If the company manages to keep it until 2023, there is no doubt that the coin is going to cost a fortune. However, by then, a new technology might appear that will make exchanges obsolete. Or Binance management makes a mistake and the platform loses its leadership positions. All in all, it is difficult to forecast the future of a coin if it is dependent on an underlying company.