Standard Chartered Predicts BNB Could Reach $2,775 by 2028
By: crypto ro|2025/05/06 22:45:01
0
Share
Key Points Standard Chartered estimates BNB could reach $2,775 by 2028, citing its price correlation with BTC and ETH. VanEck has filed for the first U.S.-based spot BNB ETF, which may also involve staking components. BNB currently holds a market cap of $84 billion, with its chain hosting $6 billion in DeFi TVL. Investment bank Standard Chartered projects that BNB, the native token of Binance’s BNB Chain, could rise to $2,775 by the end of 2028, more than four times its current value of around $600. The prediction comes as asset manager VanEck files the first U.S. application to list a BNB-based exchange-traded fund (ETF). The forecast was published in a research report authored by Geoff Kendrick, head of digital asset research at Standard Chartered, who noted BNB’s historical correlation to an equal-weighted basket of bitcoin (BTC) and ether (ETH). “BNB has traded almost exactly in line with an unweighted basket of bitcoin and ether since May 2021 in terms of both returns and volatility,” Kendrick wrote. BNB as a Benchmark Asset? According to Kendrick, BNB could serve as a benchmark token in the digital asset space, owing to its structural ties to Binance’s trading platform and the consistent usage of BNB Chain, which supports decentralized exchanges (DEXs), lending protocols, and liquid staking. He described the chain as a “more concentrated and ‘old-fashioned’ smart contract platform” compared to networks such as Ethereum and Avalanche. At the time of writing, BNB Chain has nearly $6 billion in total value locked (TVL), according to DefiLlama. As of May 5, BNB stakers earn an average yield of around 2.5%, based on data from StakingRewards. VanEck Files for Spot BNB ETF in the U.S. On the regulatory front, VanEck has submitted a filing with the U.S. Securities and Exchange Commission (SEC) to list the first spot ETF holding BNB. According to the S-1 prospectus, the ETF would accumulate BNB tokens and may also stake a portion of its holdings through approved providers to generate yield. The filing represents the first formal attempt by an asset manager to list a BNB ETF in the United States, and it arrives amid rising demand for crypto-based financial instruments. VanEck has previously filed for ETFs tied to other cryptocurrencies, including Solana (SOL) and Avalanche (AVAX). BNB currently has a market capitalization of approximately $84 billion, according to CoinMarketCap data.
You may also like

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here
Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.

Oil prices are approaching a critical point. What will happen in mid-April?
Time becomes the deciding factor, and the oil market will take three paths.

The oil price is approaching a critical point, what will happen in mid-April?
Time Becomes a Determining Factor as the Oil Market Takes Three Paths

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13
MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."

Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine
Cryptocurrency has not failed; it has simply targeted the wrong users over the past decade.

Who else cannot be distilled into skill?
Token Hundred Thousand Slaughter Yama

Who else cannot be distilled into skill?
Token Yama of Decimation

The huge shock in the South Korean cryptocurrency market: How should traders view it?
As the contradiction between the institutional capital inflow brought by the new government's "pro-crypto" policy and the tightening of retail infrastructure intensifies, this structural "information asymmetry" in the Korean market will persist for a long time, continuously giving rise to fleeting e...

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market
Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)
Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind
BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?
Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant
This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions
The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report
In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets
We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity
Quantum computing will not overturn blockchain, but it will force a reconstruction of its security system.

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026
What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.
The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here
Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.
Oil prices are approaching a critical point. What will happen in mid-April?
Time becomes the deciding factor, and the oil market will take three paths.
The oil price is approaching a critical point, what will happen in mid-April?
Time Becomes a Determining Factor as the Oil Market Takes Three Paths
Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13
MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."
Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine
Cryptocurrency has not failed; it has simply targeted the wrong users over the past decade.
Who else cannot be distilled into skill?
Token Hundred Thousand Slaughter Yama
