$1,000 in BNB in 2023

A $1,000 investment in BNB (BNB) made in January 2023 would be worth about $2,521 as of May 2026 (latest complete month) — a ×2.5 return, or +32% per year. Adjusted for US inflation (CPI), that equals $2,268 in 2023 dollars. The same $1,000 in the S&P 500 with dividends reinvested would have grown to $1,967.

In plain terms: after stripping out +11.2% US inflation since January 2023, today's $2,521 buys roughly what $2,268 bought back in 2023 — a ×2.3 gain in actual purchasing power.

BNB is the exchange token of Binance, the largest crypto exchange. Launched in the 2017 ICO wave, it accrues value through trading-fee discounts, periodic token burns and the BNB Chain ecosystem. Its fortunes are tightly coupled to Binance itself — the upside and the regulatory risk alike.

Data as of · updated weekly

Worth today
$2,521
×2.5 · +32%/yr
Inflation-adjusted
$2,268
in 2023 dollars
S&P 500 instead
$1,967
same period, dividends reinvested
Gold instead
$2,622
same period, futures price

The actual numbers: BNB since 2023

BNB price in January 2023$244.02
BNB price as of May 2026$615.18
Nominal return×2.5 (+32%/yr)
US CPI inflation since January 2023+11.2%
Real (inflation-adjusted) return×2.3 (+27.8%/yr)
Same money in the S&P 500$1,967

Methodology: start-of-month prices, one-time purchase, no fees or taxes assumed. Full methodology.

What happened in 2023

2023 was the quiet recovery from the FTX bottom: Bitcoin climbed from $16,500 to about $42,000 as fear faded and BlackRock's spot-ETF filing in June rewrote the institutional narrative.

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Year
Month
Worth today
$2,521
×2.5 · +32%/yr
Inflation-adjusted
$2,268
in 2023 dollars
S&P 500 instead
$1,967
dividends reinvested
Gold instead
$2,622
same period

BNB vs S&P 500 total return vs uninvested cash eroded by CPI. Monthly grid, start-of-month prices.

FAQ: BNB returns since 2023

How much would $1,000 invested in BNB in 2023 be worth today?

About $2,521 as of May 2026 — a ×2.5 return. Adjusted for inflation, that equals $2,268 in 2023 dollars. This assumes a one-time purchase in January 2023 at $244.02 and never selling.

What does “inflation-adjusted” mean here?

US consumer prices rose +11.2% between January 2023 and May 2026 (CPI). So $2,521 today buys roughly what $2,268 bought in 2023. We deflate by CPI to show the gain in actual purchasing power.

Did BNB beat the S&P 500 since 2023?

Yes. $1,000 in BNB grew to $2,521, versus $1,967 for the same money in the S&P 500 with dividends reinvested over the same period.

What was the average annual return of BNB since 2023?

+32% per year nominal (CAGR over 3.3 years), or +27.8% per year after CPI inflation.

Where does the data come from?

Crypto prices: Coin Metrics community data and Binance public market data. S&P 500: total-return index (^SP500TR). Inflation: US CPI (CPIAUCSL) from FRED. All series use a monthly grid and refresh weekly.

BNB in other years

201720182019202020212022202320242025

Other assets in 2023

Bitcoin BTCEthereum ETHSolana SOLDogecoin DOGECardano ADAXRP XRPLitecoin LTCChainlink LINK

Educational purposes only — not investment advice and not a recommendation to buy or sell any asset. Past performance is not indicative of future results. Calculations assume a one-time purchase at the start-of-month price, no fees, no taxes and no selling.