CZ AND STANDARD CHARTERED SEE BRIGHT FUTURE FOR BITCOIN AMD BNB!

Standard Chartered's analyst team, led by Geoff Kendrick, is optimistic about the future of cryptocurrencies, particularly Binance's ecosystem token, BNB, and Bitcoin. Here's what they predict :

BNB Price Forecast: Standard Chartered expects BNB to more than double in price this year, reaching approximately $1,275 by the end of 2025 and potentially $2,775 by the end of 2028. Currently, BNB trades at around $600 per coin.

Bitcoin Price Forecast: The bank predicts a bright future for Bitcoin, especially under a potential Trump presidency, forecasting a jaw-dropping $500,000 BTC price tag.

Rationale: Kendrick believes BNB has traded in line with Bitcoin and Ethereum since 2021 and expects this relationship to continue, driving BNB's price growth. He also sees potential for BNB to serve as a benchmark for digital asset prices.

Market Position: BNB Chain is the fourth-largest layer-1 blockchain network, with nearly $6 million in total value locked (TVL). Its ecosystem is considered "old-fashioned" but could provide stability due to Binance's dominance in the CEX space.

It's worth noting that CZ typically refers to Changpeng Zhao, the former CEO of Binance. However, without further context, it's unclear how CZ's views align with Standard Chartered's predictions.#TradeStories #PectraUpgrade #bnb $BNB