- Summary:
- Beldex coin price rose by about 69 percent in the last year, and outperformed Ethereum during that period. How far could it rise in 2025?
What is Beldex coin?
Launched in 2019, Beldex coin (BDX) is the native token of the Beldex blockchain, a privacy-focused chain that promotes data protection for individuals and their online interactions. It also supports secure and anonymous financial transactions using RingCT protocol, making it almost impossible to trace such transactions. Furthermore, it is interoperable with other blockchains through the Beldex bridge.
Components of the Beldex ecosystem
The Beldex ecosystem consists of three major platforms. First, the Bchat platform is a decentralised messaging platform that enables users to exchange messages and also send payments securely and anonymously. The second is BeINet, which is essentially a VPN that enables users to access internet content securely, including geo-restricted content.
The third is Beldex Name System (BNS), which is a decentralised Domain Name System (DNS) that operates domains in a human-readable format and is hosted on the Beldex blockchain. Users have to pay for the registration, transfer, and renewal of ther BNS subscription using BDX coin.
Also, users have access to the Beldex Browser, which safeguards their online browsing activities.
Why Beldex will rise in 2025
Beldex Coin price has performed relatively well in the last year. It has risen by 69% in that period, underlining a bullish-leaning sentiment around it. In addition, it has outperformed Ethereum, whose gains in that period stood at 29% at the time of writing.
Also, Beldex coin has an in-built burn mechanism that destroys the fees used to purchase BNS names. That reduces the number of coins in circulation, making BDX coin deflationary. Therefore, as more users join the Beldex ecosystem, the circulating supply will reduce progressively ensuring that Beldex coin becomes more valuable.
Beldex Coin Price Prediction 2025
To get our Beldex coin price prediction 2025 estimate, we have to put it in context. Assuming the coin replicates its 69% gains in the last year, it could potentially rise to $0.133 by December 31st, 2025. However, a more measured approach requires weighing the coin’s momentum.
As seen on the chart below, BDX price currently trades above the middle Bollinger Band on the weekly chart. That means the upward momentum is likely to prevail. However, the coin has been range-bound for the most part since October 2024 and will need to break out decisively above the psychological barrier at $0.8000 to stay on the ascending trajectory. That would set the next target at the upper Bollinger Band level of $0.095. Clearing that barrier would raise the prospect of marching to $0.100, its highest level since mid-2022.
Alternatively, breaking below $0.072 will signal a shift in the momentum to the downside. Medium-term support is likely to be at the lower Bollinger Band level at $0.053. Breaching below that level could trigger an extended bearishness, potentially driving the price lower to $0.030 below the most recent double-bottom pattern on the weekly chart.
