BNB (BNB), the native token of Binance’s BNB Chain, is expected to offer steady returns and could hit $2,775 by the end of 2028, according to a new research report from Standard Chartered.
In the report released Tuesday, Geoff Kendrick, head of digital assets research, highlighted that BNB has traded similarly to an unweighted mix of Bitcoin and Ether since May 2021, matching them in both returns and volatility. Kendrick anticipates this trend will continue, projecting a rise in BNB from its current value of around $600 to $2,775 by 2028.
Kendrick emphasized that as long as Binance remains one of the largest centralized exchanges (CEX), the fundamental drivers behind BNB’s value are unlikely to change. This suggests that BNB could become a reliable benchmark within the broader digital asset market.
The report also pointed out that BNB Chain is primarily used for decentralized exchanges (DEXs), lending protocols, and liquid staking, positioning it as a “more concentrated and traditional” smart contract platform compared to competitors like Ethereum and Avalanche.
