TLDR
- Standard Chartered predicts BNB price can rise from $ 600 to $ 2,775 in 2028
- BNB acts in line with a basket with bitcoin and ethereum despite limited usability
- Currently the fifth largest Cryptocurrency with a market value of $ 87 billion
- The BNB chain has low developments compared to other networks
- Token can act as a “benchmark” for digital asset prices in general
BNB, the native token for the BNB chain and Cryptocurrency in connection with Binance Exchange, could see its price increase by more than 360% in the coming years, according to a new research notification from Standard Chartered Bank.
The bank’s global head of Digital Assets Research, Geoffrey Kendrick, projects that BNB will rise from its current price of about $ 600 to $ 2,775 at the end of 2028. This forecast is part of Standard Charter’s formal token.
BNB is currently the fifth largest digital asset through market value, valued at approximately $ 87 billion according to Cooiken data. Token was created in 2017 by Binance, which is the world’s largest Cryptocurrency exchange through trade volume.
Cryptocurrency initially operated on the Ethereum network before migrating to his own blockchain, BNB chain. This network enables developers to build decentralized applications, although Kendrick notes that developer activity on the GNB chain has not kept in line with competing networks.
Trade patterns and market positions
Kendrick illustrates that BNB “has acted almost exactly in line with an unprocessed basket with Bitcoin and Ethereum since May 2021 in terms of both return and volatility.” He expects this relationship to continue, which forms the basis for the prediction of the price.
The research is investigating BNB’s position Relatively other major crypto courses. The BTC-BNB relationship is expected to increase from 157 by 2025 to 180 in 2027, indicating that Bitcoin will surpass BNB in dollar estimate.
However, the ETH-BNB ratio is estimated to decrease from 3.14 2025 to 2.70 2027, which indicates that Ethereum can surpass BNB but not as strong as Bitcoin will do.
Despite these comparisons, Kendrick BNB sees its position as a key cryptocurrency because of its deflation tokenomics and connection to Binance.
Network structure and development
The bank’s analysis points out that the BNB chain uses a “proof-of-staked Authority” consensus model with only 45 validers that rotate every 24 hours. This is in sharp contrast to Ethereum’s network, which has over a million validator.
Because of this structure, Kendrick describes the BNB chain as “very centralized relatively other chains.” The research also notes that the developer activity in the network has “stagnated” since 2021 Defi increase.
“Due to its low number of developments, BNB’s use cases have remained static in relation to peer chains,” Kendrick said, leaving that this actually gives the coin a certain level of stability.
The lack of expanding use cases may be a limitation for certain cryptocorate, but for GNB it can provide texture. “Assuming binance is still one of the largest centralized exchanges, BNB’s value drivers will probably not change at any time,” explains the note.
This stability factor causes Kendrick to suggest that BNB can act as “a form of benchmark or average for digital asset prices wider.”
Standard Chartered has been Hausse in the Cryptocurrency market in general. Last month, the bank predicted that Bitcoin would reach $ 200,000 by the end of 2025 and climb to $ 500,000 in 2028. For Ethereum, they predict the prices of $ 4,000 2025 and $ 7,500 in 2028.
The latest price information shows BNB trading to approximately $ 595, according to figures from Cooikenecko.
