Standard Chartered Says BNB Price Could Top $2,775 as VanEck Files for ETF

In a analysis observe out on Tuesday, the British banking big’s head of digital, Geoff Kendrick, stated:

“BNB has traded virtually precisely consistent with an unweighted basket of bitcoin and ether since Might 2021 when it comes to each returns and volatility.”

That’s excellent news for the Binance change and sensible chain token. Bitcoin’s value has eclipsed $100,000 once more in Might, which is usually adopted by a considerable enhance in some larger-cap altcoins, reminiscent of BNB.

BNB Ahead Worth Development Fundamentals Robust

Furthermore, each BTC and ETH are getting into some measure into the US digital asset stockpile deliberate by the present administration.

The lower in obtainable provides to the market and the arrogance of the US authorities will virtually definitely drive these two BNB rivals greater and can seemingly drag Binance’s coin, in addition to the remainder of the market.

“BNB’s worth drivers are unlikely to vary anytime quickly,” Kendrick added.

The first worth drivers for the BNB token are its in depth, extremely energetic, and deeply liquid ecosystem. The Binance change is probably the most energetic on the planet when it comes to every day quantity. BNB tokens give customers reductions on buying and selling charges.

Moreover, BNB can be utilized because the native base layer token for the Binance Good Chain, a sensible contract blockchain like Ethereum and Solana.

VanEck Recordsdata For First BNB ETF Utility

Breaking Information

$116B Asset Supervisor VanEck has simply filed for $BNB ETF. pic.twitter.com/9A8XUtuCJD

— Elja (@Eljaboom) May 5, 2025

Skilled cash managers and advisors can’t actually take projections like this very severely from nameless X accounts, even when they supply some semblance of research for his or her typically extremely exaggerated claims.

However, coming from Commonplace Chartered, that forecast for a 336% ROI by 2028 over Might BNB costs is spectacular and credible. It wouldn’t be the primary time BNB has delivered such efficiency.

Now, VanEck, one of many Bitcoin ETF issuers, simply applied in Might to be the primary BNB ETF issuer in New York. That ought to give one other main worth driver if authorised to maintain BNB value development consistent with BTC and ETH as StanChart factors out it’s been.