BNB Token Expected to Reach $2,775 by End of 2028
Standard Chartered's research report indicates that BNB, the token of Binance's BNB Chain, may rise to $2,775 by the end of 2028. Key points include:
- BNB has tracked closely with an unweighted basket of bitcoin and ether since May 2021.
- Current price is approximately $600.
- As long as Binance remains a leading centralized exchange, BNB's value drivers are expected to remain stable.
- BNB Chain primarily supports decentralized exchanges, lending protocols, and liquid staking.
- Kendrick suggests BNB may serve as a benchmark for digital assets.