BNB Price from Initial Release, All-Time High (ATH), and Year-over-Year Progression

Updated

August 11, 2025

Gambar BNB Price from Initial Release, All-Time High (ATH), and Year-over-Year Progression

Jakarta, Pintu News – BNB (Binance Coin) is a cryptocurrency launched by the Binance exchange in 2017. Originally used to pay transaction fees on the Binance platform at a discounted rate, BNB has now evolved into a multifunctional asset used across multiple ecosystems, including the Binance Smart Chain (BSC).

This article discusses BNB’s price journey since its initial release, its all-time high, year-on-year movements.

BNB Initial Release Price

BNB was released in July 2017 through an Initial Coin Offering (ICO) with an initial price of around $0.1059 or equivalent to Rp1,717 (exchange rate of Rp16,239/USD). In the early days, BNB was mostly used for internal Binance functions, such as discounted trading fees and participation in token sales on Binance Launchpad.

While initially considered a limited utility token, demand for BNB began to rise as Binance gained popularity as the world’s largest crypto exchange.

BNB’s All-Time High Price

BNB recorded an all-time high on May 10, 2021, at around $690.93 or equivalent to IDR 11,214,877. This surge occurred amidst the explosion of the crypto market, the use of BNB in the DeFi ecosystem, and increased activity on Binance Smart Chain.

During this period, BNB briefly overtook several other major altcoins by market capitalization, solidifying its position in the top five global cryptocurrencies.

BNB Price Movement from Year to Year

2017: Starting price at $0.1059 (Rp1,717), gaining popularity due to discounted trading fees on Binance.
2018 – 2019: Prices are relatively stable in the range of $5-$15 (Rp81,195 – Rp243,585), despite the crypto market bear market.
2020: The price started to rise to the range of $15-$35 (IDR243,585 – IDR568,365) due to the early adoption of Binance Smart Chain.
2021: Phenomenal year, reaching an ATH of $690.93 (IDR11,214,877) before correcting.
2022: Price drops to the range of $250-$350 (IDR4,059,750 – IDR5,683,650) following the crypto bear market.
2023: Stable movement at $220-$320 (IDR 3,572,580 – IDR 5,196,480).
2024: Significant rise, close to $650 (IDR 10,555,350) thanks to market recovery and BSC ecosystem updates.
2025 (Current): BNB’s price stands at $819.09, with a market capitalization of $114.09 billion and a 24-hour trading volume of $2.26 billion .

Factors Affecting BNB Price

Binance Ecosystem Growth: The wider the use of BNB in the Binance ecosystem, the greater the demand.
DeFi & GameFi activity on BSC: A surge in transactions on Binance Smart Chain increases BNB utility.
BNB Burn Program: Binance routinely burns a portion of its BNB supply to reduce supply and increase long-term value.
Crypto Market Trends: BNB’s price movements are still heavily influenced by overall market sentiment.

Binance Coin Historical Events & Their Impact on Price

1. 2017 – Launch of Binance Coin through ICO

BNB was launched in July 2017 through an Initial Coin Offering (ICO) with an initial price of approximately $0.1059 (Rp1,717). In the early days, BNB was used as a utility token to obtain discounts on transaction fees on the Binance platform. The price surge from under $1 to around $10 in early 2018 was fueled by Binance’s rapid growth as the world’s largest crypto exchange.

2. 2019 – Launch of Binance Chain

In April 2019, Binance released Binance Chain, their own proprietary blockchain, and moved BNB from the Ethereum network (ERC-20) to Binance Chain (BEP-2). This change increased BNB’s utility as it began to be used to pay on-chain transaction fees, pushing the price to stabilize around $15.

3. 2020 – Binance Smart Chain (BSC) Release

The launch of Binance Smart Chain in September 2020 brought BNB to the DeFi ecosystem. Yield farming, DEX (such as PancakeSwap), and NFT activities on BSC increased demand for BNB significantly. Prices rose from around $30 to above $40 towards the end of the year.

4. 2021 – All-Time High and DeFi Explosion

BNB reached an ATH of $690.93 (IDR 11,214,877) in May 2021, driven by a surge in DeFi, NFT, and blockchain gaming activity at BSC. Another factor is the regular token burn program that reduces the circulating supply, triggering further price increases.

5. 2022 – Bear Market and Regulation

The global crypto market entered a bear market in 2022, sending BNB prices down to the $250-$350 range. Regulatory pressure on Binance in some countries has also affected investor sentiment.

6. 2024 – Market Recovery & BSC Upgrade

BNB recovered close to $650 (IDR10.55 million) after technical updates on Binance Smart Chain and increased global crypto trading volume. The strong support of the DeFi community and ecosystem helped maintain the positive trend.

7. 2025 – New Highs

In 2025, BNB scored a new high this year at $819.09 (IDR 13.29 million) thanks to the expansion of the Binance ecosystem, the launch of new projects on BSC, and the overall bullish performance of the crypto market.

Conclusion

From a starting price of IDR1,717 in 2017 to over IDR13 million in 2025, BNB’s journey reflects the rapid growth of Binance and its ecosystem. With its dual role as a utility token and investment asset, BNB has managed to maintain its position at the top of the global market capitalization. However, the volatility of the crypto market remains an important factor for investors to take into account.

Also Read: 7 Crypto Predictions for 2030

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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