US President Donald Trump pardoned Binance founder Chao Changpeng (CZ). This decision was welcomed by the broader crypto sector and increased investor confidence. This development makes it clear that the White House is on the side of the crypto market and signals a positive future for the industry. Following the pardon, Binance Coin (BNB) has garnered positive sentiment and is estimated to double in price.
BNB Coin: Binance predicted to rise 100% next, doubling investor funds
CoinCodex, a leading on-chain metrics and price forecasting company, has a bullish outlook on Binance Coin. According to this prediction, Binance Coin (BNB) is expected to soar more than 100% in the first half of 2029. Prices are likely to reach near the $2,000 range and rise further after that.
“Binance Coin (BNB) price prediction for 2029 is between $1,486 on the lower end and $2,870 on the upper end. Based on our BNB price prediction chart, Binance Coin price could rise by 157.61% and reach $2,870.03 if it reaches the upper end of the target price.” Read the predictions.
Furthermore, the majority of analysts have issued a “buy” call on Binance Coin (BNB). As for short-term predictions, the on-chain metrics company predicted a high of $1,152. “Based on our technical indicators, Binance Coin’s 200-day SMA will rise over the next month and reach $864.48 by November 24, 2025. Binance Coin’s short-term 50-day SMA is estimated to reach $1,152.67 by November 24, 2025.” Read the predictions.
Binance Coin (BNB) is trading in the $1,115 range as of Saturday. Therefore, the leading altcoin is expected to rise by nearly 3.5% in the coming weeks. Altcoins have been bullish all year, surging nearly 100% in one year. It will also be one of the best performing cryptocurrencies in 2025.