Bomb Prediction! Standard Chartered sees BNB at $2,775

Could the potential of Layer 1 soar by 360%?

The investment bank Standard Chartered (STAN) has issued a research report with a significant bullish projection for the native token of the layer 1 blockchain of 50003931012, 37171833790

According to the bank, BNB has the potential to deliver consistent returns and could reach the impressive figure of $2,775 by the end of 2028.

"BNB has traded almost exactly in line with an unweighted basket of bitcoin and ether since May 2021, both in terms of performance and volatility," wrote Geoff Kendrick, head of digital asset research.

The investment bank predicts that BNB could multiply by more than 3.6 times its current value by the end of 2028.

As long as Binance remains one of the largest centralized exchanges (CEX), "it is unlikely that the drivers of BNB's value will change in the short term," Kendrick said, and this means that the token could potentially serve as a benchmark for digital assets.

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