BNB’s price remains unaffected even 2 days after the hack. BNB has been trading around $740 at the time of the hack, and after 48 hours, its price corrected by a mere 3.16%, which is in line with wider market corrections such as Bitcoin (3%) and Ethereum (2.98%).
Immediate Impacts
Bearish Sentiments for BNB Coin
BNB Coin is associated with Binance Exchange, and therefore, there is an expectation of temporary bearishness, as happens with most cryptocurrencies related to an affected issuer.
However, this phase is expected to end within a few weeks, as per our past experience.
Long-Term Impacts
There seems to be no long-term exposure of the hack for BNB Coin. Even for Binance, the situation could improve sooner because of its SAFU, a fund created by the exchange to battle such situations.
Why Does BNB Remain Safe Despite the Binance Hack?
BNB is a cryptocurrency and doesn’t rely on Binance’s operations to maintain its value. It is also a pre-mined cryptocurrency, which means Binance (the token’s original creator) cannot issue more BNB tokens, even if it wanted to. The supply is capped at 131.5 million tokens.
Let us understand in detail why the token value remains untouched by the hack.
1. Pre-Mined Crypto
BNB has a pre-mined supply, which means all its tokens were created during the first ICO allotment; i.e., no more tokens can be issued by BNB Foundation or Binance. As a result, its price entirely depends on market forces and not on inflation. On the contrary, BNB is deflationary, which means its total supply decreases, which helps in price appreciation.
2. No Major Dependence on Binance for Utility
Except for the BNB-linked fee reduction on Binance, there is no direct dependence of BNB on the Binance Exchange.
Instead, BNB’s price depends on demand in the DeFi market, where it plays a key role as the native token of the BNB Smart Chain.
The Binance Hack
On 30 October 2026, almost $6.3 billion was stolen from Binance’s hot wallet, making it the largest hack (in fiat terms) in crypto history. The hackers are believed to have exploited several endpoint devices like developer laptops and computers.
As a result of the hack, Binance had to temporarily seize operations.
Although a considerable amount of funds, around $2.5 billion to $3 billion, were seized by different institutions like Circle and Tether, a majority of the funds are believed to have made it out of anyone’s reach. Hackers reportedly took out a loan with stolen funds and wilfully defaulted on the crypto loan and ran away with the funds.
Frequently Asked Questions
1. Will BNB’s future price predictions remain the same after the Binance Hack?
Yes, as per our experience in such situations (like the Bybit Hack), BNB token’s price is expected to remain unaffected as long as there is no further minting or supply changes.
