BNB (BNB), the native token of Binance’s layer 1 smart contract platform BNB Chain, has captured the attention of investors with forecasts indicating stable returns. According to a recent research report by investment bank Standard Chartered (STAN), BNB could surge to approximately $2,775 by the end of 2028.
Geoff Kendrick, head of digital assets research at Standard Chartered, highlights that BNB has closely mirrored an unweighted basket of bitcoin and ether in terms of returns and volatility since May 2021. This consistent correlation suggests a robust performance landscape for BNB as it approaches its future price targets.
Kendrick’s analysis suggests that this relationship is likely to remain intact, projecting that BNB will escalate from its current value of around $600 to the ambitious target of $2,775 within the next five years. Such a transformation underscores the token’s potential as not only a critical asset within the cryptocurrency realm but also possibly a benchmark for digital assets overall.
As long as Binance maintains its position as one of the leading centralized exchanges (CEX), Kendrick asserts that the value drivers for BNB are unlikely to shift significantly in the foreseeable future. This stability is crucial for investors seeking to navigate the ever-evolving digital currency landscape.
Furthermore, BNB Chain is predominantly utilized for decentralized exchanges (DEX), lending protocols, and liquid staking. Kendrick describes it as a “more concentrated and ‘old-fashioned’ smart contract platform” in contrast to competitors like Ethereum and Avalanche, which may provide BNB with a unique standing in the market.
For those interested in the broader context of cryptocurrency projections, it is notable that Standard Chartered also forecasts significant milestones for other digital assets, such as the expectation for bitcoin to reach a new all-time high around $120,000 in the second quarter of 2025.
Read more: Bitcoin to Hit New All-Time High Around $120K in Q2, Standard Chartered Says
