#StripeStablecoinAccounts - BNB will rise as long as it remains aligned with Bitcoin.

$BNB In addition to this close relationship with the two largest cryptocurrencies by market capitalization, the analyst from Standard Chartered also mentioned the relevance of the Binance brand in the market claiming that it is “unlikely that the value drivers of BNB will change soon,” suggesting that its price could continue to rise in the medium to long term.

Despite this, he noted that BNB Chain is used almost entirely for decentralized exchanges (DEX), lending protocols, and for liquid staking, he added, according to the coverage, which means it is a “more concentrated and ‘outdated’ smart contract platform than rivals like Ethereum and Avalanche.”

Binance is the largest centralized exchange with a trading volume of USD $ in 24 hours. BNB is the native token of BNB Chain, an affiliated network, and is also widely used in the products offered by the exchange.

Standard Chartered has shown an optimistic view of the cryptocurrency market as a whole, with higher long-term price estimates for various tokens. In a similar report a few weeks ago, the bank projected a price of over USD $12 per XRP by 2028, and months earlier stated that Solana (SOL) could rise more than BTC this year.

The bank is particularly bullish on Bitcoin, estimating that the flagship cryptocurrency will rise above USD $120,000 this very quarter with a target price of USD $200,000 by the end of 2025.

Standard Chartered cut its forecast for ETH by more than 50% from a target price of USD $10,000 per coin for the end of the year to USD $4,000, amid a price retracement of more than 40% for Ethereum so far this year.