#squarecreator - Analyst Geoffrey Kendrick from Standard Chartered predicts that the price of BNB will rise over 300% in the next 3 years as it remains aligned with Bitcoin and Ether.

$BNB will explode more than 300% in the next 3 years, according to Standard Chartered. It will reach a peak of USD $2,775 as it remains aligned with BTC and ETH. The token linked to Binance is the 5th largest and trades slightly below USD $600.

The price of Binance Coin (BNB), the cryptocurrency closely linked with the world's largest cryptocurrency exchange, could multiply more than four times in the coming years.

The projection from the investment bank Standard Chartered, which was estimated in a report this Tuesday, suggests that BNB could provide substantial returns to its investors as its price reaches an unprecedented peak of over USD $2,500.

The research report by Geoffrey Kendrick, gathered by CoinDesk, highlights that BNB could reach a price of USD $2,775 by 2028 as its correlation with major cryptocurrencies Bitcoin and Ethereum remains.

$BNB The native token of the Binance ecosystem broke a historical high close to USD $800 last December amid a widespread bullish run in the cryptocurrency market that saw Ether (ETH) revisit multi-year highs. Bitcoin (BTC) achieved a historical record in January above USD $109,000.

Cryptocurrency market prices have corrected since then in the face of an uncertain macro context, but they have begun to recover in recent weeks. BNB, the fifth-largest digital asset, is trading at USD $597 at the time of writing, up 0.40% in 24 hours and an increase of 3% in the last 30 days.

“BNB has traded almost exactly in line with an unweighted basket of Bitcoin and Ether since May 2021 in terms of profitability and volatility,” wrote Kendrick, head of digital asset research.