Binance’s BNB Token Poised for Significant Growth: Standard Chartered Predicts $2,775 by 2028

In a recent research report, Standard Chartered has projected that BNB, the native token of Binance’s BNB Chain, could reach $2,775 by the end of 2028. This bullish forecast is based on the token’s historical performance and its correlation with major cryptocurrencies like Bitcoin and Ethereum. Geoff Kendrick, head of digital assets research at Standard Chartered, highlights that BNB has closely mirrored the returns and volatility of an unweighted basket of Bitcoin and Ethereum since May 2021. This trend is expected to continue, driving BNB’s price upward from its current levels. The report underscores the growing confidence in BNB’s long-term potential, positioning it as a key player in the evolving cryptocurrency market.

Standard Chartered Predicts BNB Could Reach $2,775 by 2028

BNB, the native token of Binance’s BNB Chain, is projected to climb steadily to $2,775 by the end of 2028, according to a research report from Standard Chartered. Geoff Kendrick, head of digital assets research at the bank, notes BNB has mirrored the performance of an unweighted basket of Bitcoin and Ethereum since May 2021 in both returns and volatility.

Kendrick expects this correlation to persist, driving BNB from its current price NEAR $600 to the target over the next four years. The token’s value hinges on Binance maintaining its dominance among centralized exchanges, a scenario likely to sustain BNB’s role as a benchmark for digital assets.

BNB Chain remains integral to Binance’s ecosystem, though the report did not specify technological or adoption drivers behind the forecast. The analysis assumes continuity in market structure and exchange dynamics.

VanEck Files for First U.S. BNB ETF, Potentially Including Staking Rewards

VanEck has taken a pioneering step by submitting paperwork to the SEC for a BNB exchange-traded fund, marking the first such proposal in the U.S. market. The filing outlines plans for investors to earn staking rewards alongside token appreciation, a feature previously contested under former SEC leadership.

The move signals growing institutional confidence in blockchain-native yield mechanisms. While Ethereum ETFs omitted staking due to regulatory concerns, market participants anticipate a more favorable stance under new SEC chair Paul Atkins. Grayscale’s recent actions suggest other asset managers may soon follow VanEck’s lead in pursuing staking-enabled products.

Changpeng Zhao Predicts Bitcoin Price Surge in Upcoming Cycle

Changpeng Zhao, founder and former CEO of Binance, forecasts Bitcoin could reach $500,000 to $1 million this cycle. In an interview with Farokh Radio, Zhao emphasized his bullish outlook, suggesting the cryptocurrency market might hit $5 trillion by year-end.

The prediction aligns with his history of bold calls on Bitcoin’s trajectory. While no specific timeframe was provided, the projection underscores growing institutional confidence in crypto’s long-term value proposition.

Zhao’s commentary also highlighted the rising prominence of decentralized exchanges, reflecting broader industry shifts toward decentralized finance infrastructure.

Crypto Markets Brace for Fed Decision as Uncertainty Looms

Cryptocurrency markets remain on edge as investors await the Federal Reserve’s interest rate decision, with Bitcoin’s price slipping to $93,377 amid subdued trading volumes. The cautious sentiment reflects lingering apprehension from past market turbulence.

Recent data hints at the Fed’s likely stance, though uncertainty persists. Market participants are closely monitoring the outcome for potential Ripple effects across digital assets.

VanEck’s BNB ETF Filing Sparks Speculation on CZ’s Involvement Post-Binance Settlement

VanEck’s unexpected filing for a spot BNB ETF in the U.S. has ignited market speculation about Binance founder Changpeng Zhao’s potential influence. The move follows a private meeting between VanEck CEO Jan van Eck and CZ during Dubai’s TOKEN2049 conference—just months after Binance’s $4 billion regulatory settlement and CZ’s four-month prison term.

Bloomberg ETF analyst Eric Balchunas notes the timing aligns with CZ’s recent advisory role for governments on crypto reserves, suggesting BNB could be part of strategic holdings. "This isn’t just a regulatory play—it’s a geopolitical chess move," Balchunas observed, highlighting BNB’s 12% surge since the filing.

Binance’s CZ Predicts Bitcoin Price Boom: $500k to $1M in Sight

Binance co-founder Changpeng ’CZ’ Zhao forecasts Bitcoin could reach between $500,000 and $1 million this cycle, citing institutional adoption and ETF inflows as key drivers. ’There’s the ETFs. There’s this institutionalization of Bitcoin […] it’s a positive in terms of price action,’ Zhao stated during a Rug Radio interview.

Government interest and spot Bitcoin ETFs are funneling traditional capital into crypto, with institutional money dominating U.S. flows. ’Bitcoin is going up because most of the ETFs are Bitcoin-based,’ he added, underscoring the asset’s primacy in the current rally.