Standard Chartered sees BNB more than doubling in 2025
Standard Chartered predicts that Binance’s ecosystem token, BNB, could exceed $1,275 by the end of 2025 and reach as high as $2,775 by the end of 2028. Currently, BNB trades at nearly $600, with a fully diluted value of approximately $84 billion. BNB has shown a correlation with Bitcoin and Ethereum in terms of returns and volatility since May 2021. The BNB token is the native cryptocurrency of the Binance BNB Chain, which is described as having less developer activity compared to other layer-1 blockchains like Ethereum and Avalanche. Over 60% of BNB Chain's on-chain economic activity is from decentralized exchanges. Standard Chartered suggests that BNB could serve as a benchmark for digital asset prices, especially if Binance remains a leading centralized exchange. BNB Chain ranks as the fourth largest layer-1 blockchain with nearly $6 million total value locked. Additionally, VanEck has filed to list the first BNB exchange-traded fund in the U.S.
