New ATH for BNB: the growth of Binance's crypto continues


New ATH for BNB: the growth of Binance's crypto continues


Today, the price of BNB has reached a new ATH (All Time High)

In fact, for the first time in its history, it has risen above $850.

The trend of the prezzo di BNB in this 2025 is definitely very good, although without any sensational rises (at least for now). 

The new ATH of BNB

The previous ATH of the price of BNB was only last Wednesday, when it exceeded $800. Today’s one, however, has also surpassed $850.

“`html

{
“lineWidth”: 2,
“lineType”: 0,
“chartType”: “candlesticks”,
“fontColor”: “rgb(106, 109, 120)”,
“gridLineColor”: “rgba(242, 242, 242, 0.06)”,
“volumeUpColor”: “rgba(34, 171, 148, 0.5)”,
“volumeDownColor”: “rgba(247, 82, 95, 0.5)”,
“backgroundColor”: “#0F0F0F”,
“widgetFontColor”: “#DBDBDB”,
“upColor”: “#22ab94”,
“downColor”: “#f7525f”,
“borderUpColor”: “#22ab94”,
“borderDownColor”: “#f7525f”,
“wickUpColor”: “#22ab94”,
“wickDownColor”: “#f7525f”,
“colorTheme”: “dark”,
“isTransparent”: false,
“locale”: “en”,
“chartOnly”: false,
“scalePosition”: “right”,
“scaleMode”: “Normal”,
“fontFamily”: “-apple-system, BlinkMacSystemFont, Trebuchet MS, Roboto, Ubuntu, sans-serif”,
“valuesTracking”: “1”,
“changeMode”: “price-and-percent”,
“symbols”: [
[
“BINANCE:BNBUSD|1M”
]
],
“dateRanges”: [
“1d|1”,
“1m|30”,
“3m|60”,
“12m|1D”,
“60m|1W”,
“all|1M”
],
“fontSize”: “10”,
“headerFontSize”: “medium”,
“autosize”: false,
“width”: 800,
“height”: 500,
“noTimeScale”: false,
“hideDateRanges”: false,
“hideMarketStatus”: false,
“hideSymbolLogo”: false
}


“`

Note that for four years now BNB has been updating its all-time highs only slightly, without any sensational boom. 

In fact, after the ATH of 2021, just below $700, it had recorded another one already in the first half of 2024, but only slightly above $700. Then at the end of 2024, thanks to the Trump-trade, it had recorded another one but without surpassing $800.

Practically from the peak of 2021, it has risen only by 23% in four years, but passing through three new ATH. 

The trend of the price of BNB

First of all, it should be remembered that BNB is the cryptocurrency created by Binance, which is the largest crypto exchange in the world. Binance also uses part of its profits each quarter to buy back BNB from the market and burn them, in order to reduce the circulating supply.

All this makes BNB among the altcoins one of the most solid, and above all one of those with one of the most solid crypto projects around.

While on one hand this ensures that its market value tends to collapse less during bear-markets, it also ensures that trading remains quite high, thus slightly reducing volatility and also growth.

For example, after the ATH of 2021, just below $700, during the bear-market of the following year, it lost less than Bitcoin in percentage from the highs, never dropping below $200 except for one brief moment at the bottom.

To tell the truth, that bear-market for BNB, however, lasted until September 2023, while for example for Bitcoin it ended already in December 2022, but at the end of 2023 the price of BNB started to rebound, climbing back above $300. 

In the first half of 2024, it ended up not only recovering all the losses, but in March it rose above $600 and in June it recorded a new ATH. 

Perhaps, however, the most interesting thing is the fact that since then its market value has never fallen below $450 again, and by the end of October it had already risen above $600. 

Speculative bubbles

Speculative bubbles of varying sizes and durations often form on the price of BNB as well. 

However, they tend to be less extensive compared to those of other altcoins, and they also tend not to generate catastrophic crashes, as often happens, for example, to minor cryptos. From this point of view, BNB seems to be even less volatile than Bitcoin. 

However, this reasoning only applies from 2021 onwards, because that year a sensational speculative bubble was generated on the price of BNB, which, however, has never been repeated. 

In fact, the price started from about $40, and in just over three months it exceeded $690. 

At that point, one might have expected a true catastrophic collapse during the subsequent bear-market, and instead, it only dropped slightly below $200 and only for a very brief period. 

Subsequently, three more speculative bubbles on the price of BNB have inflated, all three mini, with the third still ongoing. 

The first one occurred precisely between the end of 2023 and the beginning of 2024, but it was limited to bringing BNB back to the historical highs of 2021, without rising much further. 

The second was generated by Trump’s victory in the USA presidential elections last year, and although it led to new all-time highs at nearly 800$, it was not followed by a catastrophic bear collapse. 

The third is still ongoing, and it is not even certain that it is a true bull bubble. 

The forecasts on the price of BNB

Certainly the recent growth has been fast and significant, but definitely not parabolic. The price of BNB in recent weeks has risen from less than $700 to more than $850, updating the highs of late 2024 by only 6%.

At this point, one might also expect a correction, even if in the short term there are still no clear signals that it might arrive. However, if it continues to grow at this pace, sooner or later a correction would be inevitable. 

In the medium to long term, however, the discussion changes. 

In fact, not only has BNB already amply demonstrated over the years that it is capable of recovering even from significant retracements, but it has always followed the general trend of the crypto markets. 

At this moment, the crypto markets are doing very well, even though the altseason has not yet started.

It is absolutely possible that by the end of the year a new altseason could begin, and although its duration may be short, it could help the price of BNB to register other ATH. 



Source link