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BNB (BNB), the autochthonal token of Binance's furniture 1 astute declaration level BNB Chain, volition apt connection dependable returns and could scope $2,775 by the extremity of 2028, concern slope Standard Chartered (STAN) said successful a probe study Tuesday.
"BNB has traded astir precisely successful enactment with an unweighted handbasket of bitcoin and ether since May 2021 successful presumption of some returns and volatility," wrote Geoff Kendrick, caput of integer assets research.
Kendrick expects this narration to clasp and BNB to summation from its existent terms of astir $600 to $2,775 by the extremity of 2028.
As agelong arsenic Binance remains 1 of the largest centralized exchanges (CEX), "BNB's worth drivers are improbable to alteration anytime soon," Kendrick said, and this means the token could perchance service arsenic a benchmark for integer assets.
BNB Chain is utilized astir wholly for decentralized exchanges (DEX), lending protocols and for liquid staking, helium noted, meaning it is simply a "more concentrated and ‘old-fashioned’ astute declaration level than rivals specified arsenic Ethereum and Avalanche.".
Read more: Bitcoin to Hit New All-Time High Around $120K successful Q2, Standard Chartered Says
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