Binance’s BNB Token Predicted to Surge 360% by 2028: Standard Chartered Analysis

Standard Chartered has released a bullish forecast for Binance’s native token, BNB, predicting a potential 360% price increase by 2028. The bank’s analysis highlights BNB’s unique position in the crypto market, drawing parallels to major cryptocurrencies like Bitcoin and Ethereum despite its limited utility in decentralized applications. This report delves into the details of the prediction and what it means for the future of BNB.

Standard Chartered Predicts BNB Could Quadruple by 2028 as Benchmark Crypto

BNB, the native token of Binance’s blockchain, is poised for a 360% price surge by 2028 according to Standard Chartered. The bank’s analysis suggests BNB trades like an unweighted basket of Bitcoin and Ethereum, despite its limited utility in decentralized applications.

Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, notes BNB’s price action mirrors major cryptocurrencies even as developer activity lags behind competing chains. The token currently ranks as the fifth-largest digital asset by market capitalization.

This bullish projection comes amid growing institutional interest in crypto benchmarks, with BNB’s exchange-linked utility creating unique valuation dynamics separate from its technical adoption metrics.

Ex-Binance CEO CZ Predicts Bitcoin’s Parabolic Rally to $1 Million This Cycle

Changpeng "CZ" Zhao, former CEO of Binance, has made a bold projection for Bitcoin’s price trajectory during the current market cycle. In a recent interview with Rug Radio, the industry veteran suggested BTC could reach between $500,000 and $1 million, potentially pushing the total cryptocurrency market capitalization to $5 trillion by year-end.

The Binance founder dismissed concerns about Bitcoin being overvalued at its current $94,000 level, emphasizing significant upside remains. Zhao specifically highlighted spot Bitcoin ETFs as a key catalyst for this anticipated parabolic move, though the interview excerpt cuts off before further elaboration.