$BNB BNB Hit for 570 to 600? Strong Selling Zone 570 Creation and ICO: BNB was created in 2017 by Changpeng Zhao (CZ), the founder of Binance. The initial coin offering (ICO) price was around $0.11 per BNB coin. Within six months, the price surged to $9, and by December 2017, it had reached $37. BNB then stabilized between $10 and $20.

Binance Smart Chain (BSC): In September 2020, Binance launched the Binance Smart Chain (BSC), an Ethereum fork with lower fees and faster transactions. BNB became one of the most explosive cryptos, reaching an all-time high (ATH) of $690 in May 2021.

Regulatory Challenges: However, BNB faced regulatory challenges. The SEC sued Binance, accusing it of selling unregistered securities and mishandling funds. As a result, BNB’s price dropped significantly.

Current Situation: As of now, BNB is priced at $308.30, down from its ATH. Our BNB price prediction estimates an average price of $620 by the end of 2030. Here’s a breakdown:

2024: Minimum $250, Average $365, Maximum $480

2025: Minimum $330, Average $465, Maximum $600

2030: Minimum $450, Average $620, Maximum $790 1

Why BNB Could Reach $600:

Binance Ecosystem Dominance: BNB’s position within the Binance ecosystem gives it an edge.

Technical Tests and Resistance Levels: Recent price movements suggest BNB may retest critical upper resistance levels soon