Standard Chartered Bank: BNB price may reach $2775 by the end of 2028

2025-05-06 22:10:32

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ChainCatcher news, according to CoinDesk, Standard Chartered's Head of Asset Research Geoff Kendrick predicted in a research report released on Tuesday that the native token of BNB Chain, BNB, is expected to reach $2,775 by the end of 2028.

The report noted that since May 2021, the price movement of BNB has closely aligned with an unweighted portfolio composed of Bitcoin and Ethereum, and this correlation is expected to continue. Kendrick anticipates that this relationship will persist, with BNB's price rising from the current approximately $600 to $2,775 by the end of 2028.

Kendrick stated that as long as Binance remains one of the largest centralized exchanges (CEX), "the value drivers of BNB are unlikely to change quickly," which means the token has the potential to become a benchmark for digital assets. He pointed out that BNB Chain is almost entirely used for decentralized exchanges (DEX), lending protocols, and liquid staking, which means it is a "more centralized and 'traditional' smart contract platform compared to competitors like Ethereum and Avalanche."

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