The BNB, the native token of the Binance ecosystem, remains at the heart of crypto news with ongoing developments. Currently, its price fluctuates around $660, and analysts are closely monitoring its movements. Optimistic forecasts from Standard Chartered Bank suggest significant growth potential for BNB in the coming years, potentially reaching $2775 by 2028.
Recently, Binance conducted its 27th quarterly token burn, removing approximately 1.944 billion BNB from circulation, a deflationary mechanism aimed at supporting its value. The BNB Chain continues to innovate, notably with the "Pascal" hard fork improving Ethereum compatibility and the introduction of native liquid staking. These technical advancements, coupled with the expansion of the Binance ecosystem, keep BNB as a major and dynamic player in the cryptocurrency market.