On May 6, 2025, Standard Chartered predicts that BNB – the native token of BNB Chain – could increase by 360% to $2,775 by the end of 2028, becoming the 'standard' for digital asset pricing. Will BNB truly break out like Bitcoin and Ethereum? Let's analyze in detail.
BNB: Bitcoin and Ethereum Equivalent Performance
According to a report by Geoffrey Kendrick, Head of Digital Asset Research at #StandardChartered , BNB has traded in parallel with Bitcoin and Ethereum in terms of returns and volatility since May 2021. "We expect this relationship to continue, pushing the price of BNB from the current $595 to $2,775 by the end of 2028," Kendrick stated. With a market capitalization of $87 billion, BNB is the fifth-largest coin, currently trading at $595 (according to CoinGecko).
BNB Chain: Stable but Less Innovative
BNB was launched in 2017 by Binance – the world's largest exchange – initially running on Ethereum, later becoming the native token of BNB Chain, a blockchain network for decentralized applications. However, Kendrick notes that BNB Chain does not attract developers to build like other networks (Ethereum, Solana), making the utility of $BNB quite 'static' compared to competitors. Nevertheless, this stability is an advantage: 'Due to the low number of developers, the utility of BNB does not change much, providing stability,' Kendrick said. He predicts that if Binance maintains its position, BNB could become the 'standard' for digital asset pricing.
Impact on the Crypto Market
This forecast provides many signals:
Long-term growth: BNB's 360% increase will bolster confidence, similar to Bitcoin ($94,000, projected $200,000 by year-end according to Standard Chartered).
Boosting altcoins: The stability of BNB may spread, supporting coins like $SOL and $ETH .
Increasing cash flow: With crypto funds attracting $3.4 billion in the past week and Bitcoin ETF ($1.8 billion), BNB could benefit from the trend of institutionalization.
Future Prospects
Standard Chartered is optimistic about BNB due to its connection with Bitcoin and Ethereum, along with Binance's position. If it reaches $2,775 by 2028, BNB could reshape the altcoin market, especially as institutional cash flow increases (projected $330 billion into Bitcoin by 2029, Bernstein). However, the lack of innovation in the ecosystem could be a barrier if other networks like Solana grow strongly.
Conclusion: Will BNB Become the 'New Standard' for Crypto?
Standard Chartered forecasts BNB to rise 360% to $2,775 by 2028, thanks to its parallel trading with Bitcoin and Ethereum, and stable positioning from Binance. Although there is little innovation, BNB has the potential to become the 'standard' for digital asset pricing in a vibrant market. Investors should closely monitor this top altcoin for potential opportunities.
Risk warning: Investing in crypto carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating.
