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    Standard Chartered Anticipates Significant Increase in BNB as Institutional Momentum Grows

    By adminMay. 8, 2025No Comments2 Mins Read
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    Standard Chartered Anticipates Significant Increase in BNB as Institutional Momentum Grows
    Standard Chartered Anticipates Significant Increase in BNB as Institutional Momentum Grows
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    Standard Chartered’s Bullish Forecast for Binance Coin (BNB)

    Standard Chartered has released a bullish forecast for Binance Coin (BNB), projecting its price could reach approximately $1,275 by the end of 2025 and potentially climb to $2,775 by 2028.

    This outlook is based on BNB’s historical performance, which has closely mirrored an unweighted basket of Bitcoin and Ethereum in terms of returns and volatility since May 2021.

    The bank’s analysis suggests that as long as Binance maintains its position as a leading centralized exchange, BNB’s value drivers are unlikely to change significantly. This stability could position BNB as a benchmark for digital asset prices more broadly.

    In a related development, asset manager VanEck has filed with the U.S. Securities and Exchange Commission (SEC) to launch the first U.S.-based exchange-traded fund (ETF) tracking BNB’s performance. The proposed ETF aims to hold spot BNB tokens and may include staking features, allowing the fund to participate in BNB staking activities.

    READ MORE:

    Institutional Shift Signals New Phase in Bitcoin’s Maturity, Says Bitwise CIO

    As of May 6, 2025, BNB is trading at approximately $598.65, with a market capitalization of around $84 billion, making it the fifth-largest cryptocurrency by market cap.

    BNB Chain, Binance’s layer-1 blockchain, continues to be a significant player in the decentralized finance (DeFi) space, ranking fourth in total value locked (TVL) with nearly $6 billion.

    These developments indicate growing institutional interest in BNB and its ecosystem, potentially paving the way for increased adoption and price appreciation in the coming years.

    Alexander Stefanov

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