The cryptocurrency market witnessed an array of coins hit new peaks during the end of 2024. The final months of the year came as a major blessing to several assets and their investors. Binance Coin (BNB) was one among them. The altcoin, however, stood out as it had a notable rise throughout 2024. While several were optimistic about BNB reaching $800, the asset was a few dollars short. On December 4, 2024, BNB reached an all-time high of $793.35. March was a surprisingly good month for the asset when compared to the rest of the market. As April has just began, the community is hoping to see notable gains.
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How Did Binance Coin Start The Month of April?
At the time of writing, BNB was trading at $596.39. The asset witnessed a 0.94% drop over the past 24 hours. It should be noted that just a week ago, the cryptocurrency was priced at a high of $640. But throughout the last seven days, the asset plummeted by nearly 7%.
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BNB is fairly close to its all-time high when compared to the rest of the market. According to data from CoinMarketCap, the altcoin is only 24% below its peak. The community strongly believes that if BNB reclaims this high, it could push through to $800 as well.
April 2025 Price Prediction
It looks like BNB investors will be celebrating during this month. The asset is expected to record a new high. According to data from CoinCodex, the maximum price that the asset will trade at is $1,405.42. This marks a 136% rise from its current price level. The average trading price of BNB was set at $1,120. Meanwhile, the lowest the cryptocurrency will be priced at is its current price. This comes as a major relief to the BNB community.
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