#TradeStoreis $BNB to Surge 360% to $2,775 by 2028, #StandardChartered Projects

Standard Chartered has initiated coverage on BNB, forecasting its price to reach $2,775 by 2028—a 360% gain from current levels.

Global head of #digitalassets research Geoffrey Kendrick sees $BNB as a potential "benchmark for digital asset prices more broadly."

BNB's deflationary supply model and #exchange-linked utility support its long-term value despite lower developer activity.

The #token has traded in line with an unweighted basket of BTC and $ETH since May 2021 in terms of returns and volatility.

Upcoming Maxwell upgrade in June could improve #developer engagement following the recent Pascal hard fork implementation.