📍 Theo Standard Chartered: Is BNB likely to reach $2,775 by 2028?
📌 If Standard Chartered's (SC) forecast comes true, BNB could potentially increase +360% from its current level (~$600) in the next 3 years.
📌 Standard Chartered's argument:
- BNB is a major asset, trending parallel to the price of $BTC, and currently has an even better ROI than ETH. This has led #BNB to be increasingly viewed as a benchmark for digital assets.
- The advantage of being a top exchange coin, closely integrated into Binance's products.
- The periodic coin burn policy helps reduce inflation (completely eliminating many coins that are still inflating).
- There is significant trust from the community, proven through multiple bull/bear seasons.
📌 Currently, BNB ranks in the top 5 of the market, with a market cap of nearly $90 billion and maintains a strong position, especially as Binance continues to lead in liquidity and global users.
📌 However, there are still some risks to the price outlook of $BNB:
- Strong competitive pressure from other ecosystems against BNB Chain (Solana, Sui, Ethereum L2...)
- Legal risks targeting Binance (as seen in the past).
- Binance's market share is being strongly challenged by DEXs - which also impacts the price of #BNB.