Key Takeaways
The Band Protocol’s BAND coin hit the headlines in late 2023 when it announced a partnership with Ripple‘s XRP Ledger.
The DeFi platform will now have more eyes on it following its data feed integration with the Horizen protocol and the launch of a testnet for a new upgrade in early 2025.
However, BAND has been dropping recently, and on March 3, 2024, BAND was worth about $1.
Let’s examine our Band Protocol price predictions, made on March 3, 2025. We will also examine the price history and briefly discuss what Band Protocol is and what it does.
Let’s look at the BAND price predictions made by CCN on March 3. They were made using the wave count method, adding and removing 20% from the final targets to create the minimum and maximum predictions.
Minimum BAND price prediction | Average BAND price prediction | Maximum BAND price prediction | |
---|---|---|---|
2025 | $0.24 | $0.29 | $0.34 |
2026 | $0.49 | $0.61 | $0.73 |
2030 | $0.33 | $0.41 | $0.49 |
According to the count, BAND completed a long-term five-wave upward movement in 2020/2021 and has been correcting since.
The count shows a W-X-Y correction, where wave Y was a symmetrical triangle. The black sub-wave count suggests the BAND price has completed sub-wave E.
If waves W and Y have the same length, the BAND price will fall to a low of $0.096 in June 2026.
Then, we will use the daily rate of decrease for the past three years to make a BAND price prediction for the end of 2026 and 2030.
BAND has fallen 74% since March 2022.
The wave count method leads to a BAND price prediction range between $0.24 and $0.34 for the end of 2025.
The wave count method combined with the rate of decrease leads to a BAND price prediction range between $0.49 and $0.73 for the end of 2026.
The wave count method combined with the rate of decrease leads to a BAND price prediction range between $0.33 and $0.49 for the end of 2026.
The weekly time frame BAND chart shows that the price has fallen under a descending resistance trend line since October 2022. During this time, it traded above the $1 horizontal support area despite several failed breakdown attempts.
Combined, the trend line and the support area create a descending triangle, which is considered a bearish pattern.
More recently, the BAND price declined below this area on Feb. 3 (green icon) but bounced and reclaimed it shortly after. This is a positive sign that is often followed by upward movements.
However, technical indicators do not support the reversal yet. On the contrary, the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are both bearish and falling. The RSI is below 50, while the MACD is negative.
The weekly time frame suggests that an eventual breakdown is still likely, taking the BAND price to new lows.
The BAND prediction for the next 24 hours is bearish. BAND will likely break down from the $1 support area and fall to new lows.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On March 3, 2025, Band Protocol’s ATR was 0.092, suggesting average volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On March 3, 2025, the Band Protocol RSI was at 47.55, indicating neutral conditions with an element of bearishness.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes.
The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On March 3, 2025, Band Protocol scored 34.9 on the CCN Index, suggesting weak momentum.
BAND is essentially a decentralized finance (DeFi) platform, so let’s compare its recent performance with cryptos from the same category with similar market caps.
We looked at the Band Protocol price history and found the best times to buy BAND.
Day of the Week | Friday |
Week | 32 |
Month | July |
Quarter | Third |
Let’s examine some key dates in the Band Protocol price history . While we should never take past performance as an indicator of future results, knowing what the coin has achieved can provide us with some very useful context if we want to make or interpret a Band Protocol price prediction.
Time period | BAND Price |
---|---|
Last week (Feb. 24, 2025) | $1.09 |
Last month (Feb. 3, 2025) | $1.04 |
Three months ago (Dec. 3, 2024) | $2.15 |
Last year (March 3, 2024) | $2.48 |
Five years ago (March 3, 2020) | $0.4534 |
Launch price (Sept. 19, 2019) | $0.6404 |
All-time high (April 15, 2021) | $23.19 |
All-time low (Nov. 25, 2019) | $0.2042 |
The market capitalization, or market cap, is the sum of the total number of BAND in circulation multiplied by its price.
On March 3, 2025, Band Protocol’s market cap was $158 million, making it the 276th-largest crypto by that metric.
On March 3, 2025 one wallet held more than 60% of the BAND supply.
As of March 3, 2025, the five wallets with the most BAND were:
Supply and distribution | Figures |
---|---|
Total supply | 157,754,075 |
Circulating supply as of March 3, 2025 | 157,754,075 (100% of total supply) |
Holder distribution | Top 10 holders owned 79.93% of the supply as of March 3, 2025 |
In its technical documentation, or whitepaper , Band Protocol says it is “an open protocol that facilitates the governance of data used in decentralized blockchain systems”.
It adds: “The protocol functions as an open standard for data handling and data management.”
The Band Protocol is a platform that aims to integrate decentralized finance (DeFi) and traditional finance.
Software engineers Soravis Srinawakoon, Paul Chonpimai, and Sorawit Suriyakarn founded the system in 2017.
The Band Protocol, which was initially based on the Ethereum (ETH) blockchain before transitioning to its own BandChain blockchain in 2020, is supported by the BAND coin.
The Band Protocol uses a Proof-of-Stake (PoS) consensus mechanism. This means that people verify transactions and add blocks to the blockchain based on how much BAND they hold. BAND holders can also vote on changes to the network. People can also buy, sell, and trade the Band Protocol coin on exchanges.
It is difficult to tell. BAND has fallen pretty dramatically over the last 12 months, but it has been keeping busy with new partnerships and upgrades.
While the Band Protocol is a long-standing network, it operates in an increasingly crowded sector. We will have to see whether it can do more to stand out from the crowd.
As always with crypto, you should do your research before deciding whether or not to invest in BAND.
No one can tell right now. While the Band Protocol crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in Band Protocol, you will have to do your research, not only on BAND but on other coins and tokens such as Moonbeam (GLMR). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
It looks highly unlikely. Price predictions based on technical analysis suggest BAND won’t hit double figures until at least the 2030s, if ever. Keep in mind that BAND has not been worth $10 since September 2021. BAND holders can vote on changes to the Band Protocol DeFi platform. People can also buy, sell, and trade the coin on exchanges.Will Band Protocol Reach $10?
What is Band Protocol used for?