Crypto awareness in Singapore has surged to 94%, reflecting a growing interest in digital assets, though actual ownership has seen a notable decline. The Independent Reserve’s fifth annual Singapore Crypto
While Bitcoin (BTC) and cryptocurrency reserve studies continue in the USA and its states, a new move came from the state of Michigan. Accordingly, Michigan lawmakers have introduced four bills regarding cryptocurrencies. Michigan lawmakers have introduced four new bills related to Bitcoin and cryptocurrencies, according to Decrypt. The new bills in Michigan would allow Bitcoin retirement investments, ban state CBDC backing, and offer tax breaks for crypto mining in oil fields. House Bill 4510 aims to allow public pension funds to invest in Bitcoin through regulated ETF products, provided that the funds have an average market value of at least $250 billion over the past year. House Bill 4511 seeks to prohibit government agencies from supporting or promoting a U.S. central bank digital currency (CBDC). The bill aims to block government support for a U.S. central bank CBDC and prohibit government agencies from any licensing, taxation, or official advocacy of CBDCs. Bills 4512 and 4513 focus on encouraging BTC mining in abandoned oil wells and offer tax incentives to companies that engage in such operations for environmental remediation. As you may recall, in recent weeks, the US state of New Hampshire has signed a first in the US and approved a bill allowing crypto investments. *This is not investment advice. Continue Reading: Very Positive Development for Bitcoin (BTC) and Cryptocurrencies in One of the Largest States in the USA! "Four New Laws on the Way!"
Singapore, Singapore, May 22nd, 2025, Chainwire LBank ( lbank.com ), the leading crypto exchange, is proud to be spotlighted in a recent feature by leading crypto data aggregator CoinGecko , which recognized the exchange as a driving force in the memecoin market, noted for its unparalleled listing speed and deepest meme liquidity. LBank was also ranked among the global Top 10 exchanges, highlighting its strong market presence and cultural impact in Web3. The coverage underscores LBank’s long-standing position that memecoins represent more than just current market hotspots and trends; they serve as cultural assets that are reshaping how users gain entry into the Web3 ecosystem. CoinGecko’s latest report reaffirms LBank’s strategic focus on speed and accessibility, recognizing it as the fastest platform for altcoin listings and the most robust memecoin trading environment in the industry. In Q1 2025 alone, LBank listed 366 new assets —over half of them memecoins—underscoring its mission to become the premier hub for cultural and speculative digital assets. Founded in 2015, LBank has grown into a global platform serving over 15 million users across 210+ regions, offering access to more than 800 tokens while continuously expanding its ecosystem to meet the evolving needs of crypto traders worldwide. The report highlights key milestones in LBank’s memecoin expansion, including standout token launches such as TRUMP, GOAT, and RFC, where early adopters saw returns ranging from 50× to 299×. By aligning token listings closely with their on‑chain launches, LBank has enabled users to avoid high gas fees and capture early momentum—a model that has proven successful across multiple meme seasons. In April 2025 alone, top memecoins on LBank gained an average of 3,166%, with recent launches like LAUNCHCOIN and GOONC achieving remarkable gains of 15,194% and 2,199% respectively. Beyond impressive returns, CoinGecko also noted LBank’s user‑focused trading environment, which includes features such as copy trading, launchpad access, pre‑market guarantees, and futures risk protection. In Q1 2025, LBank showcased how innovation and security can go hand in hand: its $100 million Futures Risk Protection Fund, a 90% success rate for pre-market listings, and up to 20,000% ROI on early-stage projects like RED exemplify its commitment to empowering users while minimizing risk. Eric He, LBank’s Community Angel Officer, emphasized, “Our goal is to empower users with accessible digital assets and tools that drive inclusion and growth.” His remarks reflect LBank’s broader mission of making Web3 more approachable and impactful for a global audience. This vision continues to resonate across the industry. As highlighted in CoinGecko’s recent report, LBank’s strategic focus on speed, liquidity, and innovation has made it a driving force behind the memecoin movement and a key platform for discovering early-stage opportunities. In addition to CoinGecko’s recognition, LBank’s growing influence has also been acknowledged across the industry. U.Today named it a “Top Crypto Exchange” for 2025, CoinGape recognized it as the “Top Exchange for Meme Investments,” and Forbes praised LBank for “redefining global financial access through memecoins.” These accolades not only affirm LBank’s leadership in a dynamic market but also reflect its broader mission: to serve as a cultural and financial gateway to Web3—where early opportunities, user empowerment, and global inclusion converge. About LBank Founded in 2015, LBank is a leading global cryptocurrency exchange , serving over 15 million registered users in more than 210 countries and regions. With a daily trading volume of more than $3 billion and support for over 800 cryptocurrencies, LBank is committed to delivering a comprehensive and user-friendly trading experience. Through innovative trading solutions, LBank has helped users achieve average returns of over 130% on newly listed assets. As a pioneer in the Meme coin market, LBank has listed over 240 mainstream Meme coins and 40 Meme gems, with several achieving gains of over 500%. As the industry leader in first-time Meme coin listings, LBank has become the go-to platform for Meme coin investors. For Updates: Website: https://www.lbank.com/ Twitter: https://twitter.com/LBank_Exchange Telegram: https://t.me/LBank_en Instagram: https://www.instagram.com/lbank_exchange LinkedIn: https://www.linkedin.com/company/lbank For media requests, please contact: Email: press@lbank.com ContactPR & Communications TeamLBankpress@lbank.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Crypto awareness in Singapore has reached an all-time high, with 94% of respondents in a recent survey indicating familiarity with at least one digital asset. However, actual ownership has declined, falling from 40% in 2023 to 29% in 2024, according to Independent Reserve’s fifth annual Singapore Crypto Market Survey released on May 21. The survey, conducted in February with 1,500 participants, revealed that men remain more active in crypto investing than women, 35% compared to 24%. Millennials and Gen X (aged 25–54) dominate the investor base, comprising 71% of all holders. Among those trading at least once a week, 76% fall into this age group. Related: Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’ Half of Singaporean investors plan to increase holdings Despite the decline in ownership, sentiment remains strong. Over half of current holders (53%) plan to increase their positions in the next 12 months, and 17% of non-holders expressed interest in entering the market. Bitcoin ( BTC ) continues to be the anchor of the crypto market in Singapore. It is held by 68% of crypto investors and viewed by 86% as either a currency, store of value or investment asset. Notably, 77% believe Bitcoin will be worth over $100,000 by 2030. Direct ownership remains the preferred method of exposure, with 61% choosing to hold their assets directly instead of through exchange-traded funds (ETFs) . Arbitrage trading is also on the rise, with 67% of respondents saying they had sold part or all of their holdings to capitalize on price swings in the past year. Bitcoin is the most recognized crypto in Singapore, with 91% awareness, followed by Ethereum at 54%, Dogecoin at 41%, Shiba Inu at 23%, and Solana at 22%. Source: Independent Reserve Meanwhile, 46% of investors hold stablecoins, primarily for trading and DeFi activities, with 83% of these tied to the US dollar. Memecoins remain a speculative corner of the market, with 28% of respondents holding at least one, with Dogecoin ( DOGE ) being the most popular. Related: Singapore Exchange to list Bitcoin futures in H2 2025: Report Singapore becomes a global crypto hub Singapore has cemented its role as a global hub for blockchain and cryptocurrency development, according to a December 2024 report by ApeX Protocol. The study said Singapore leads the world with 1,600 blockchain patents , 2,433 crypto-related jobs, and 81 active cryptocurrency exchanges. Hong Kong placed second, with 890 blockchain patents, 1,163 jobs in the sector, and 52 crypto exchanges, reflecting the city’s continued push in the digital asset space. In 2024, Singapore doubled down on its regulatory momentum. The Monetary Authority of Singapore issued 13 major payment institution licenses to crypto exchanges, more than twice the number granted in 2023. Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs: Inside story
The post Why Nexchain Could Surpass XRP, ADA, & SOL in 2025 appeared first on Coinpedia Fintech News As big cryptocurrencies like Solana, Cardano, and XRP continue to rise in the crypto rankings, a new contender, Nexchain, is quickly gaining investor interest. Unlike typical Layer-1 blockchains, Nexchain is built on AI-native technology that provides adaptive consensus processes, ultra-low latency, and self-optimizing performance. It is not simply another blockchain; it represents a fundamental leap. While SOL focuses on speed, ADA on academic rigor, and XRP on cross-border payments, Nexchain combines AI, scalability, and passive income—all while still in the ICO presale stage. With a token price of $0.054 and early-stage excitement, Nexchain is developing as a credible contender for the top cryptocurrency place in 2025. Nexchain: The Smartest ICO Crypto Presale in 2025 Nexchain is rewriting blockchain regulations by creating a network designed expressly to accommodate large-scale AI-powered applications. Nexchain’s infrastructure is designed for the next generation of blockchain innovation, including automated DeFi platforms, intelligent trading bots, and AI-driven NFT markets. What sets Nexchain apart? Begin with AI-integrated consensus, which dynamically adjusts to network traffic, reducing congestion, lowering latency, and improving energy efficiency. Its modular architecture allows for continuous upgrades and forks without disturbing the chain, making it perfect for developers and corporate partners. The tokenomics are just as appealing. Every transaction incurs a 10% cost, which is immediately redistributed to token holders. This implies that investors may receive passive income merely by holding Nexchain tokens—a mechanism meant to reward loyalty while discouraging pump-and-dump activity. Nexchain’s presale has already garnered more than $2.5 million. It isn’t hoopla; it’s the fundamentals. With increased investor interest, Nexchain is emerging as the most promising ICO crypto presale of 2025. SOL, ADA, and XRP: Heavyweights Face New Competition While Nexchain continues to grow, older projects remain stable, for the time being. Solana (SOL) is trading at $171.49 and is bullish due to DeFi growth and favorable technicals. Analysts predict a short-term increase to $176.90. However, uncertainty lurks as 1.4 million SOL were unstaked, allegedly tied to FTX’s $5 billion repayment scheme, raising doubts on near-term price movement. Cardano (ADA) has shown signs of life, rising above $0.75 and presently trading at $0.755. With renewed market attention and a 4% daily gain, ADA bulls are speculating about a push to $1, especially if wider crypto sentiment raises altcoins. Meanwhile, XRP is treading water. Despite a good launch for XRP futures on CME Group, which exceeded $2.4 million in trading volume, XRP has fallen for two days in a row. Nonetheless, its position above the 50-, 100-, and 200-day EMAs suggests a possible breakout—assuming market confidence returns. Each of these currencies has potential, but none compares to Nexchain’s combination of innovation, passive income, and growth-stage price. Final Words: Nexchain is the top cryptocurrency presale of 2025. XRP’s heritage technology, ADA’s chain, and SOL’s speed all have their uses—but Nexchain is focused on the future, not the past. It aims for the next level of blockchain technology: AI-native apps, streamlined infrastructure, and built-in benefits for long-term holders. With the ICO still ongoing and the token price below $0.06, early adopters have a unique opportunity to participate before Nexchain hits major exchanges. It is more than just buzz; it represents a transformation in how blockchains are developed and investors are compensated. Nexchain offers scalable, AI-ready infrastructure for developers and generates passive revenue through its genuine usefulness to token holders. As we approach 2025, Nexchain is not only catching up; it is poised to outperform the greatest brands in cryptocurrency. Don’t sit on the sidelines—this is your signal.
The post Hyperliquid Soars As Open Interest Hits Record High — Is $HYPE Set For A New ATH? appeared first on Coinpedia Fintech News Key Highlights: Hyperliquid’s open interest surged to $997.5M, its highest ever (CoinGlass). HYPE price spiked 22% in 7 days, now trading at $30.72. RSI at 76.76 and MACD crossover indicate overbought momentum (TradingView). OBV and CMF reflect rising accumulation and strong capital inflow (Chart data). Whale suffered $18.88M loss on a 5x short, highlighting bullish dominance (Lookonchain). Analyst Bias: Cautiously bullish; continuation likely if $32.67 is breached with volume. With Open Interest nearing $1B and HYPE breaking past $30, traders are watching for a breakout to retest the $35 ATH. Whale liquidations and strong on-chain metrics are signalling continued upside. HYPE/USDT Price Analysis: Resistance Levels in Sight Hyperliquid coin has shown strong bullish momentum this month, surging nearly 96% from its April low. The rally began after a prolonged downtrend that started around Feb 22 , when HYPE traded just below $18 and slid to a cycle low of $15.70 by April 8 — marking a ~15% drop. This downtrend established a critical support zone between $15.70 and $18.00 , which served as the springboard for the rally. From there, HYPE reversed strongly, climbing nearly 96% to its current price of $30.72 . Now, the token is approaching the $32.67–$35.00 resistance zone , aligning with both its December ATH and the whale liquidation mark. RSI at 78.20 confirms overbought territory, signalling strong bullish momentum. MACD has crossed above its signal line, and Bollinger Bands are widening, with price hugging the upper band — all supportive of trend continuation. The EMA stack (20/50/100/200) is in perfect bullish alignment. HYPE remains well above the 20-day EMA, now a key support near $28.20 . Holding this level suggests strength in buying dips. Volume & Capital Flows: Bulls in Control Capital flow indicators further validate the uptrend. CMF at +0.30 signals robust inflows, while OBV is rising after months of decline — a clear indicator of renewed net accumulation. This confluence adds weight to the bullish case for a breakout above $32.67. Momentum strongly favors bulls, but entries at current levels carry higher risk due to stretched indicators. A volume-backed breakout above $32.67 or a retracement toward $28.20–$25.10 could offer stronger entry points. Bulls remain in control unless $25 breaks down. On-Chain Metrics: Volume Surge and Whale Liquidations Open Interest has now reached $997.57M (as of May 22), suggesting increased leverage and directional bets — sourced from CoinGlass . Perpetual volume is surging alongside DEX activity, with Hyperliquid leading OI dominance across platforms. According to Artemis Terminal , DEX trading volume has surged 97.4% month-over-month , while daily protocol revenue climbed to $3.1M , up from ~$2.1M a few weeks ago. Daily transactions are holding above 429.4M , reinforcing consistent usage. Whale activity is also shaping sentiment: As per Lookonchain , on May 22, a whale took a 5x leveraged short against HYPE, posting 2.05M USDC — only to face an $18.88M unrealized loss , with liquidation looming at $32.67 . Data from Mitrade also highlighted another whale placing a $830M BTC long at 40x leverage on Hyperliquid, reflecting increasing platform confidence. These whale movements — both failed shorts and bullish long entries — support the current uptrend in HYPE’s structure. Conclusion: ATH in Sight, But Momentum Must Hold Hyperliquid’s native token HYPE, is experiencing a textbook breakout scenario, backed by strong technicals and on-chain activity. With leverage piling up and whale shorts getting punished, the path to retesting $35 looks increasingly probable. However, traders should monitor the $32.67 zone closely. A breakout above this level with rising volume could flip it into support and trigger a new ATH. Failure to breach may invite consolidation toward $28.20 or even $25.10. Bullish bias remains intact while above $28.20. A breakout above $32.67 confirms upside continuation. Caution if RSI diverges or volume drops.
The bull is running. All top 10 coins and nearly all 100 coins per market cap saw their prices rise in the last 24 hours as a result of the ongoing crypto ETF positive flows and regulatory advancements, particularly in the stablecoin sector. At the same time, the cryptocurrency market capitalization has increased by 1.1% to $3.61 trillion. The total crypto trading volume is at $198 billion, the highest we’ve seen in weeks. TLDR: The crypto market rally continues as BTC hits fresh all-time highs; The bull market boosts investor confidence, sentiment, spending, and profit; Rally has more room to extend; ‘Pullbacks should be seen as entry opportunities—not signs of reversal’; Spot Bitcoin ETFs see a net inflow of $608.99 million; The rally remains sustainable, though pullbacks and short-term corrections are possible. Crypto Winners & Losers All top 10 coins per market cap have appreciated over the past day. Cardano (ADA) is the day’s best performer, for the second day in a row. It’s up 3.6% to $0.7876. Bitcoin (BTC) follows with a rise of 3.4%, currently trading at $111,187. The world’s number one coin has been testing new all-time highs for several hours now. At the time of writing, its highest local and all-time price is $111,544. At the same time, Ethereum (ETH) appreciated 0.9%, now changing hands at $2,623. It’s daily high is $2,631, the same level as yesterday. Furthermore, of the top 100 coins, only seven are red today, all with decreases between Maker (MKR)’s 0.6% and Aave (AAVE)’s 3.4%. The two trade at $1,762 and $252, respectively. The rally drivers remain the same: it’s a powerful combination of significant surge in crypto exchange-traded fund ( ETF ) inflows and favorable regulatory developments, further boosted by the somewhat improved US-China trade sentiment and a US sovereign debt credit downgrade by Moody’s. As a result, risk capital has been diverted back into crypto. The sector seems to be winning a battle towards clearer regulations. The US Senate has voted to advance the GENIUS Act . Blockchain Association Interim CEO and Head of Policy, Sarah Milby, described the move as “a meaningful step toward establishing clear, common sense rules for stablecoins.” 2/ With this vote, Congress has signaled that the United States is serious about leading the future of digital finance – where trust, innovation, and dollar dominance intersect. — Blockchain Association (@BlockchainAssn) May 20, 2025 Crypto investment firm Bitwise CEO Matt Hougan has argued that the Act will legitimize mainstream stablecoin usage and propel this section of the market from $236 billion to $2.5 trillion . Also, the Legislative Council of Hong Kong has passed the Stablecoin Bill to provide regulated stablecoin issuance. “Hong Kong’s stablecoins are backed by fiat currency as underlying assets, and we welcome global enterprises and institutions interested in issuing stablecoins to apply,” said politician Johnny Ng. 今天是全球Web3發展的里程碑，也是香港成為國際Web3中心的重要一步。很榮幸和大家分享今天香港特別行政區立法會已經三讀通過 ，相信在今年底前各大機構可以在香港向金融管理局申請成為合規穩定幣發行商。香港穩定幣是以法定貨幣為底層資產，我們歡迎全球有意發行穩定幣的企業和機構來港… pic.twitter.com/dVJ4NnnhWA — Johnny Ng 吴杰庄 (@Johnny_nkc) May 21, 2025 Reclaiming New All-Time Highs According to the latest Glassnode report, even before hitting the new ATH, Bitcoin’s strong price performance over the past few days has improved investor portfolios, leading to many of them to de-risk and take profit. The Short-Term Holder cohort’s percentage of supply in profit increasing by more than 7% over the last month – the second-largest positive uptick in profitability for this cohort on record. The fresh ATH will provide additional fuel. Source: Glassnode All investor cohorts have seen improvement in their financial position. “This likely has the knock-on effect” of boosting investor confidence, sentiment, and spending, Glassnode says. “As market conditions improve, and investor portfolios recover, many are taking the opportunity to lock in profits.” Source: Glassnode The analyst team from the crypto exchange Bitfinex commented how Bitcoin has just reclaimed new all-time highs, breaking above the $109.5,000 level “with conviction and volume.” They stated that the move was a squeeze at first. The price moved up on short liquidations, and the first break could be reversed on lower timeframes. However, the rally from 75,000 onwards has been driven by “clean spot demand, ETF inflows, and a macro backdrop that continues to favour risk-on assets.” Per the team, “The recent geopolitical de-escalation (Russia–Ukraine), dovish undertones from global central banks, and softening inflation prints have all created an ideal environment for Bitcoin to act as a macro momentum asset.” Furthermore, the analysts noted stable funding rates, CVDs showing strong spot-led flows, and consistent ETF inflows, especially during US hours. “This is not leverage-driven,” the analysts argue. “It’s structurally bid. With open interest now rising alongside price (rather than front-running it), there’s room for this move to stretch further”. Levels & Events to Watch Next After briefly dipping its finger to test the all-time waters, BTC surged and surpassed the $109,900 level, followed by $110,000, and finally $111,100. How long it will be able to sustain it remains to be seen, but it has made significant long-term strides regardless of possible pullbacks. Per the Bitfinex analysts, the next zone to watch is $114,00–$118,000 as minor liquidity walls. After that, the next step is the $123,000–$125,000 zone, where large options open interest is building. “As long as ETF flows hold and macro doesn’t deliver a shock, this rally has room to extend. Pullbacks should be seen as entry opportunities—not signs of reversal.” Moreover, the Fear and Greed Index has jumped from 69 to 73 in a day, showcasing increased greed, rising investor confidence, boosted optimism, and a general willingness to take risks. Source: CoinMarketCap Moreover, so far on 22 May, spot Bitcoin ETFs have seen a significant net inflow of $608.99 million . This is its sixth consecutive day of inflows. The cumulative total net inflow reached $43.38 billion. Also, spot Ethereum ETFs recorded $587,130 in net inflows, for a fourth day of positive flows, resulting in the cumulative inflow of $2.59 billion. Furthermore, as crypto rallied, decentralized trading platform Hyperliquid saw open interest climb to a record $8.9 billion. Of the $19.15 billion in trading volume the platform hit over the past day, BTC accounted for $11.5 billion, ETH $4.03 billion, and SOL $1.2 billion. Hyperliquid hit multiple all-time highs today, including: + Open interest: $8.9B + 24h fees: $5.4M + USDC TVL: $3.2B Onchain, transparent markets are the future. pic.twitter.com/DBUWZZEkgk — Hyperliquid (@HyperliquidX) May 22, 2025 However, critics are warning about a massive red flag coming from the White House. Today, US President Donald Trump will host top investors in the TRUMP meme coin at a gala in Washington, DC. This is just one of unethical moves Trump has made, critics say, given that the coin potentially enables foreign influences to buy his favor, giving them direct access to the president. This may also reflect on the market, so it’s something to keep an eye on, especially given the support some crypto insiders have given this endeavor. Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan! As the top holder of $TRUMP , I’m excited to connect with everyone, talk crypto, and discuss the future of our industry. https://t.co/FYb39LTwDz — H.E. Justin Sun (@justinsuntron) May 20, 2025 Quick FAQ Why did crypto move against stocks today? As the crypto market rallies, the stock market records a notable drop. The S&P 500 is down 1.61%, the Nasdaq-100 fell 1.34%, and the Dow Jones Industrial Average saw a decrease of 1.91%. Investors are turning to assets like crypto and gold due to the rising concerns over rising Treasury yields, inflation, and interest rate hikes. Furthermore, Trump is pushing to pass a tax-cut bill that could add between $3 trillion and $5 trillion to the $36.2 trillion government debt. Is this rally sustainable? The rally remains strong for now. It has found strong support in institutional demand, fueled by macroeconomic conditions. That said, pullbacks are likely, while the growing greed could lead to short-term downward corrections. The post Why Is Crypto Up Today? – May 22, 2025 appeared first on Cryptonews .
Bitcoin’s ascent beyond $110,000 has sparked unprecedented demand in the U.S., illustrated by a significant rise in the Coinbase Premium Index (CPI). The surge in interest has led to substantial
Huma Finance launches on Binance, offering instant liquidity through "PayFi." Participants can earn HUMA by staking BNB, FDUSD, and USDC for three days. HUMA coins will be available for trading on May 26th in select trading pairs. Continue Reading: Experience Instant Liquidity with Huma Finance on Binance The post Experience Instant Liquidity with Huma Finance on Binance appeared first on COINTURK NEWS .
Key takeaways : Binance coin price prediction for 2025 indicates that the coin’s price could reach a maximum price of $1,083.84. The Binance coin price prediction for 2028 projects a maximum price of $2,890.24 and a minimum price of $2,528.96. By 2031, BNB’s price could surge to $4,696.64 with broader acceptance in mainstream finance. After notable changes in its executive team, Binance has shown resilience and prospects for recovery. The departure of Changpeng Zhao, Binance’s CEO, who was also embroiled in legal challenges, initially caused a decline in the value of Binance coin (BNB). Despite this initial setback, the cryptocurrency has shown a positive trend. What’s next for BNB in the remainder of 2025 and beyond? What can be the future price movements? Let’s get into the BNB price prediction and technical analysis. Overview Cryptocurrency Binance coin Token BNB Price $685.9 (+5.32%) Market Cap $96.62 Billion Trading Volume (24-hour) $2.57 Billion Circulating Supply 140.88M BNB All-time High $788.84 Dec 04, 2024 All-time Low $0.09611 Oct 19, 2017 24-hour High $688.06 24-hour Low $650.99 Binance coin price prediction: Technical analysis Metric Value Price Volatility 3.89% 50-Day SMA $ 611.32 14-Day RSI 66.28 Sentiment Bullish Fear & Greed Index 72 (Greed) Green Days 15/30 (50%) 200-Day SMA $ 621.39 Binance coin price analysis: BNB seeks bullish recovery above $685.9 TL;DR Breakdown: Binance Coin price analysis confirms an uptrend at $685.9. Cryptocurrency received up to 5.32% of a boost. BNB coin prices set out for the next target at $696.8. On May 22, 2025, Binance Coin price analysis revealed an increasing trend for the cryptocurrency. Coin value has spiked up to $685.9 in the past 24 hours. From an overall observation, the currency has gained up to 5.32% of a boost in the day. This creates highly favorable circumstances for the investors, as the buying pressure steers high. BNB/USDT price analysis on the daily timeframe The one-day price chart of Binance Coin confirmed an upward trend in the market. The cryptocurrency value has improved up to $685.9 high in the day. Green candlesticks on the price chart signify a rising bullish strength. The distance between the Bollinger bands defines the volatility. This distance is widening, leading to an increasing volatility. Moreover, the upper limit of the Bollinger Bands indicator, acting as the resistance, has shifted to $696.8. Whereby, its lower limit, serving as the support, has moved to $585.9. BNB/USDT shows domination between buyers The Relative Strength Index (RSI) indicator is present above the overbought area. The indicator’s value has launched up to index 70.83 in the past 24 hours. The ascending curve on the RSI graph signifies a rising bullish pressure. If the buying activities continue to accelerate, a further upturn in price is possible soon. BNB price analysis on a 4-hour chart The four-hour price analysis of Binance Coin confirmed a bullish trend for the cryptocurrency. The BNB/USD value has stepped up to $685.9 in the past few hours. The increasing volatility is suggestive of a higher chance of an upcoming reversal. The Bollinger Bands are widening, leading to an increasing volatility. This increase in volatility signifies a higher market unpredictability. Moving on, the upper Bollinger band has shifted to $686.1, indicating the resistance point. Conversely, the lower Bollinger band has moved to $627.4, securing the support. Binance Coin ascends to $685.9 The RSI indicator is present above the overbought area for now. Its value has spiked up to index 73.31 in the last four hours. This ascent marks a growing stability within the market. The buying activities remained high in the past few hours. The balanced trading setup marks encouraging circumstances for the investors. BNB technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 625.04 BUY SMA 5 644.68 BUY SMA 10 649.78 BUY SMA 21 636.65 BUY SMA 50 611.32 BUY SMA 100 616.26 BUY SMA 200 621.39 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 627.56 BUY EMA 5 615.20 BUY EMA 10 604.71 BUY EMA 21 603.61 BUY EMA 50 611.52 BUY EMA 100 623.21 BUY EMA 200 618.03 BUY What to expect from Binance coin price analysis? Binance Coin price analysis gives out a highly bullish prediction regarding the ongoing market events. Coin value has recovered up to $685.9 high in the past 24 hours. Concurrently, the cryptocurrency has gained up to 5.32% of value in the day. Technical indicators as well as the price chart continue to showcase support for the buyers. Is BNB a good investment? Considering the recent price moves, purchasing Binance coins and holding them for an extended period could yield significant returns. From a five-year plan standpoint, it is projected to see a large increase, possibly rising above $4,696.64 in 2031. However, financial choices shouldn’t be made exclusively based on our data. Why is BNB up? BNB’s price faced strong buying pressure toward $685.9. Moreover, the cryptocurrency has gained up to 5.32 percent of value if looked from an overall view. Will BNB reach $800? Most crypto analysts, including WalletInvestor and Coincodex, are bullish on BNB. According to Binance coin price prediction, its price is expected to cross the $800 mark in 2025, which would be higher than the current Binance coin price. Will BNB reach $2000? Currently, BNB is feeling pressure from legal challenges around its ecosystem. However, as these issues are settled by next year, the coin’s price is expected to start a bull run. As per the Binance coin price prediction, BNB will reach $2000 at the end of 2027. Will BNB reach $3000? Binance allows users to save up to 25% on spot margin trading fees by using BNB. Another factor is that users can save up to 10% on future trading expenditures with the token, which makes it a primary choice. Binance also uses a significant portion of its earnings to buy back BNB. The burning process also decreases the token supply and increases demand, which is expected to increase in value above $3000 in 2029, according to Binance coin price prediction. Does BNB have a good long-term future? All cryptocurrencies involve risks and uncertainties. However, BNB has a strong market position and a management team that runs the world’s largest cryptocurrency exchange. BNB has the potential for increased utility and is expected to retain a strong position in the cryptocurrency sphere. Binance coin price prediction suggests that holding it for the long haul is a good option, with tenfold expected returns in five years and the price reaching $4,696.64 by 2031. Recent news/opinion on BNB CZ shared a tweet by Elja, a crypto enthusiast, who said that the stablecoin supply on BNB chain has increased by $2.1 billion over the past three days that is from 28th to 30th April 2025. This translates to a 30% increase, potentially positioning BNB to become a top 3 chain by stablecoin supply soon. 🔥 @BNBChain stablecoin supply is going parabolic. In the past 3 days, the stablecoin supply on the BNB Chain has increased by $2.1 billion, an increase of 30%. At this pace, #BNB Chain will soon be in the top 3 chain by stablecoin supply. pic.twitter.com/Se16kxoSRo — Elja (@Eljaboom) April 30, 2025 BNB price predictions for May 2025 According to expert analysis, Binance coin could reach a maximum price of $645 in May 2025. The average trading price is expected to be $596 for the month, while the lowest it can go is $553. Period Potential Low Potential Average Potential High Binance coin price prediction May 2025 $553 $596 $645 BNB price prediction 2025 According to the Binance coin price prediction for 2025, BNB might reach a minimum price of $489. The maximum price can reach $1,083.84, with an average trading price of about $903.20. Period Potential Low Potential Average Potential High 2025 $489 $903.20 $1,083.84 BNB price prediction 2026 – 2031 Year Minimum Price Average Price Maximum Price 2026 $1,324.69 $1,505.33 $1,685.97 2027 $1,926.83 $2,107.47 $2,288.11 2028 $2,528.96 $2,709.60 $2,890.24 2029 $3,131.09 $3,311.73 $3,492.37 2030 $3,733.22 $3,913.86 $4,094.50 2031 $4,335.36 $4,516.00 $4,696.64 Binance coin price prediction 2026 In 2026, BNB may scale to a maximum of $1,685.97, with an average price of $1,505.33 and a minimum of $1,324.69. Binance coin price prediction 2027 For 2027, the Binance Coin price forecast suggests that BNB could achieve a maximum valuation of $2,288.11, with an average trading price of $2,107.47 and a minimum of $1,926.83. Binance coin price prediction 2028 In 2028, BNB is projected to have a maximum price of $2,890.24, an average price of $2,709.60, and a minimum value of $2,528.96. Binance coin price prediction 2029 By 2029, BNB could reach a maximum of $3,492.37, with an average trading price of $3,311.73 and a minimum of $3,131.09. Binance coin price prediction 2030 In 2030, BNB may attain a maximum valuation of $4,094.50, with an average price of $3,913.86 and a minimum of $3,733.22. Binance coin price prediction 2031 Binance coin (BNB) could reach a maximum price of $4,696.64 in 2031, with an average value of $4,516.00 and a minimum of $4,335.36. Binance coin price prediction 2025 – 2031 BNB market price prediction: Analysts’ BNB price forecast Firm Name 2025 2026 DigitalCoinPrice $1,307.68 $1,546.46 CoinCodex $640.79 $518.32 Cryptopolitan’s BNB price prediction Our forecast shows that Binance coin will achieve a high price of $1,083.84 by the end of 2025. In 2026, BNB’s price will range between $1,324.69 and $1,685.97. In 2031, it will range between $4,335.36 and $4,696.64, with an average of $4,516.00. It is important to consider that the predictions are not investment advice. Professional consultation is suggested before investing in the volatile market. Binance Coin historic price sentiment Binance Coin (BNB) was launched in July 2017 through an Initial Coin Offering (ICO), with an initial price of around $0.10, according to historical crypto market data. As a utility token for the Binance cryptocurrency exchange, it offered users reduced trading fees. In late 2017, BNB’s price significantly increased and reached its first major peak in January 2018, hitting approximately $24. However, it experienced a decline following the broader market correction. BNB price history | Coinmarketcap Throughout 2018 and 2019, BNB’s price experienced gradual growth as the BNB market soared. In 2018, BNB traded near $13 for most of the year but dropped to $5 by December. However, BNB reached above $30 in June 2019. Despite the global economic uncertainty caused by the COVID-19 pandemic, BNB maintained relative stability and saw an upward trend in 2020. Due to the growing popularity of Binance as an exchange and the expansion of its ecosystem, the coin touched the $34 range in November 2020. BNB experienced a significant bull run in early 2021, reaching a high above $600 in May 2021. Positive market sentiment helped improve its market cap, which remained at an all-time high until recently. Binance Coin’s price dynamics in 2022 were characterized by volatility and were influenced by a combination of macroeconomic factors and regulatory developments around the Binance exchange, which led to a bearish scenario. This took BNB to less than $220 in June and an average price of $250 in December. BNB remained a significant player in the cryptocurrency market in 2023, recovering to about $350 in April. However, it soon lost momentum, reaching about $205 in October. In late December, BNB climbed back to about $325. At the beginning of 2024, Binance Coin (BNB) traded near $300, surged to an all-time high of $717.48 in June, fluctuated between $488 and $661 through the year, and closed December at $700.3. In January 2025, BNB maintained an average price of $697, but it decreased to $589 by the end of February. BNB traded near the psychological mark of $600 in March and April 2025, a level it continues to maintain above in May.