Analysis of the price of crypto BNB and Ondo
The post Analysis of the price of crypto BNB and Ondo appeared on BitcoinEthereumNews.com.
In an apparently dull crypto market, two assets stand out from the crowd: today we analyze the price trends of BNB and Ondo. Price Analysis of Ondo and Binance Coin: focus on BNB BNB is the native cryptocurrency of the BSC ecosystem, which is Binance Smart Chain, now renamed to BNB Smart Chain. This is a theoretically decentralized crypto project, behind which, however, there is Binance, the largest crypto exchange in the world. In fact, the trend of the price of BNB in the crypto markets is closely linked to the activities and successes of Binance. Excluding Bitcoin, BNB is the only crypto among the top 10 by market capitalization whose price is not far from the all-time highs (-17%). Moreover, the maximum was reached a few months ago, in December 2024, and the subsequent correction was neither very deep nor very long-lasting. During the last major bull run, the one in 2021, it never managed to surpass $700, while in December of last year it even managed to nearly reach $800. For example, the current price, of about $650, has already returned to being very close to the highs of 2021. Note that its trend over the last few years has been following Bitcoin quite closely, with a strong rebound already in 2023 after the great bear-market of 2022, and with a first peak in the first half of 2024. It must also be said that starting from the Trump trade in November, BNB has underperformed BTC, although not by much. The thing that stands out the most, however, is that during the 2025 correction the price only dropped to $530, already in March, while in April it never fell below $550. This is an even better hold than that of Bitcoin, even though BTC in May then recorded…
Filed under: News - @ June 30, 2025 10:22 am