After moving sideways for around 7 months, Benqi ($QI) has started to rebound, surging gradually into an impressive 137.97% within the past 30 days. Also, the coin soared to 35.28% in the last 24 hours, increasing the market capitalization to 136.54 million dollars.
As the leading liquidity market and a staking protocol built on Avalanche, the total value locked in Benqi has reached $492.66 million, and analysts expect it to rise to 1 billion in 2025. If everything goes as expected, we can see QI skyrocketing shortly. However, it has various obstacles along the path, including the competitive nature of lending protocols.
This article will be a comprehensive guide to the price movements of Benqi tokens. We will analyze the historical price flow, recent developments, on-chain data, and the current market sentiment to create a detailed price forecast of the QI coin. Along with a realistic price prediction from 2025 to 2030, we will also provide short-term price forecasts and attach a purchasing guide for beginners.
What Is Benqi?
Before we get into QI’s price prediction, let’s build a clear understanding of what this project is all about. Launched in 2021, Benqi is a lending protocol that allows the participants to borrow, lend, or earn interest by locking their assets. Because of its deployment in Avalanche blockchain, the platform can offer high scalability, security, and low fees compared to other lending protocols. QI is the all-in-all native currency of the network.
The QI Token Details
| Token Ticker | QI |
| Chain | Avalanche |
| Contract Address | 0x8729438EB15e2C8B576fCc6AeCdA6A148776C0F5 |
| Decimals | 18 |
| Total Supply | 7.20 Billion QI |
| Circulating Supply | 5.09 Billion QI |
| Market Cap | 136.09 Million Dollars |
Beyond the governance and voting use cases, QI can be staked via Benqi’s staking pool, and get rewarded in the form of BENQI Miles (formerly veQI). Holders of BENQI Miles will get additional advantages in the ecosystem, including access to node voting, a process to support the validators.
From the total supply of 7.2 billion tokens, around 1.08 billion QI is allocated for the foundation, which will be given for growth initiatives and partnerships. Other allocations include exchange liquidity (360 million), private sales (1.3 billion in 2 rounds), and core contributors (720 million).
Benqi QI’s Price Flow So Far
When it was launched to the mainnet in 2021, the initial TVL of the project was 6 million dollars. However, the amazing growth to 493 million TVL had a mixed impact on the QI token’s market cap, where it has shown high volatility over the course of three years.
Around August 2021, QI had a market cap of 121 million dollars with a price of $0.4 per coin. The later months saw a gradual decrease in the cap. The unlocking of tokens, which increased the supply and decreased the value of individual coins, coupled with the bear market, has driven the coin to a downtrend until July 2022.
The rebounds in 2022 and 2023 didn’t help the coin much. However, the coin regained traction in March 2024, reaching the highest market cap of 145 million dollars with a price of $0.032 per coin. After a long dip, the coin is in revival mode now.
What Will Happen Next To Benqi QI? Late 2024 And Early 2025 Price Forecast
If the altcoin bull market coincides with Benqi’s uptrend, we can see further upward movement in the chart in the coming days. The coin is expected to reach $0.03 before the year ends, and the increase will extend throughout January 2025. However, the next unlocking event scheduled on 19th February 2025 will ignite a decline in the price. Also, chances are high for it to fall into a dip because of its extreme greed (76) in the Fear & Greed index.
Benqi QI Long-Term Price Prediction 2025, 2026, 2027, 2028, 2029, & 2030
Around 2 billion tokens remain to be unlocked, and we will see them coming to the circulating supply in three years. Also, the downtrend after the altcoin bull market will create high volatility in the price. However, the roadmap that outlines the future developments looks promising, and it has the potential to attract more institutional investors in the coming years. Based on these insights and the technicalities, here is a prediction from 2025 to 2030:
| Year | Minimum Price | Maximum Price |
| 2025 | $ 0.035 | $ 0.124 |
| 2026 | $ 0.022 | $ 0.066 |
| 2027 | $ 0.024 | $ 0.049 |
| 2028 | $ 0.038 | $ 0.084 |
| 2029 | $ 0.066 | $ 0.165 |
| 2030 | $ 0.065 | $ 0.099 |
Be aware that the highly volatile behavior of the entire crypto market and the uncertainty regarding price flow will sometimes result in the exact opposite scenario of the above table. So, do your own research for a better understanding of the market and plan your entry and exit strategy accordingly.
Where To Buy QI?
QI/USDT pair is available to purchase in prominent exchanges like Binance, KuCoin, Gate.io, BingX, and MEXC. It is also available in Coinbase Exchange. If you prefer DEX, you can access LFJ (Avalanche), Pangolin, Dexalot, or Uniswap V3.
Final Thoughts: Is Benqi A Credible Investment Option?
The strategic investors of the protocol include Ascensive Assets, Dragonfly Capital, Woodstock, TRGC, and Arrington Capital. Beyond the promises of another increase in market cap because of the backing of these institutions, these partnerships also increase the trustworthiness of the platform. However, as we said above, DYOR before investing.
Finally, browse through our website for more price predictions of cryptocurrencies. Also, subscribe to our newsletter for the latest news, airdrops, and other blockchain-based insights.
