BNB Coin, the token powering Binance’s BNB Chain, could hit $2,775 by the end of 2028, according to a new prediction from Standard Chartered.
In a recent report, Geoff Kendrick, the bank’s head of digital assets research, noted that BNB’s performance has largely mirrored that of Bitcoin and Ether since May 2021, both in terms of price action and volatility. Kendrick expects this trend to continue, offering strong potential for BNB’s value to grow substantially.
With BNB currently trading around $600, Kendrick sees the coin benefiting from the sustained dominance of Binance, which remains one of the largest centralized exchanges globally. This ongoing success of Binance could support BNB’s long-term price appreciation.
Additionally, the increasing use of BNB Chain for decentralized exchanges (DEXs), lending platforms, and other decentralized finance (DeFi) applications strengthens the outlook for BNB as a core asset in the blockchain ecosystem.
