Binance Coin’s Range-Bound Trading and Bullish Long-Term Outlook
Binance Coin (BNB) has been trading within a defined range, with brief breakout attempts failing to sustain momentum. Despite this, Standard Chartered’s digital assets research team projects a bullish long-term outlook for BNB, forecasting a potential rise to $2,775 by 2028. Here’s a detailed summary of the current situation and future prospects for BNB.
Binance Coin Faces Range-Bound Trading Amid Lofty Price Predictions
Binance Coin (BNB) continues to trade within a defined range, despite a brief breakout attempt in November. The exchange token has struggled to sustain momentum above mid-range resistance levels, reflecting subdued buying pressure.
Standard Chartered’s digital assets research team projects a bullish long-term outlook, forecasting BNB could reach $2,775 by 2028. Geoff Kendrick notes BNB’s price action has closely tracked an unweighted basket of Bitcoin and ethereum since May 2021, exhibiting comparable returns and volatility patterns.
The three-year horizon for Standard Chartered’s prediction introduces significant uncertainty in the volatile crypto markets. Range-bound trading persists as market participants weigh BNB’s fundamental value against broader market conditions.
Binance’s CZ Warns of Ledger Discord Hack, Phishing Scam
Binance CEO Changpeng Zhao (CZ) issued a public security alert after Ledger’s Discord admin account was compromised. The breach led to fraudulent posts directing users to a phishing site disguised as a legitimate security verification portal.
The attackers falsely claimed a critical vulnerability required users to input recovery phrases for compensation. "Never share your private key recovery phrases—no matter the source," CZ emphasized in a May 12, 2025 tweet. The incident underscores persistent threats in crypto self-custody ecosystems.
Bitcoin Surges Past $100K as Whales Trigger Market Momentum
Bitcoin has shattered the $100,000 barrier, trading NEAR $104,000 as institutional accumulation intensifies. A newly activated whale wallet withdrew 500 BTC ($522.6 million) from Binance, signaling long-term holding strategies over short-term speculation.
Technical indicators flash bullish: the 50-day EMA crossed above the 100-day EMA in a golden crossover pattern, while RSI suggests room for further upside. Bitcoin’s dominance now approaches 70%, a level unseen since 2021.
Sui, Ethena, and Toncoin Lead Binance Launchpool Tokens in Weekly Trading Volume
Binance Launchpool tokens have surged in popularity, becoming a focal point for crypto enthusiasts seeking rewards in a volatile market. Sui (SUI) dominates the landscape with a staggering $10.2 billion weekly trading volume, outpacing peers like Ethena (ENA) and Toncoin (TON).
The trend underscores growing investor confidence in staking mechanisms, where users lock tokens to earn newly launched assets. Phoenix Group’s data highlights 15 top performers, with Ethereum-linked ETHFI and meme-inspired NOT also gaining traction.
Massive PEPE Whale Transfers Spark Speculation Amid 81% Weekly Price Surge
Blockchain tracker Whale Alert has identified two significant transactions involving over 3.5 trillion Pepe tokens, worth more than $53 million. The first transfer moved 1.79 trillion PEPE ($26.6 million) from Binance to an unknown wallet, suggesting potential whale accumulation or internal restructuring. Shortly after, 1.77 trillion PEPE ($26.64 million) was sent from the unknown wallet to Ceffu, a Binance-affiliated custody service.
The anonymity of the wallet owners has fueled speculation about institutional involvement or over-the-counter deals. These movements coincide with PEPE’s sharp price rally, which has surged 15% in 24 hours and 81% over the past week.
NEXPACE (NXPC) to Debut on Binance Alpha with Airdrop Campaign
NEXPACE (NXPC) is poised for its market debut, with Binance Alpha securing the first-mover advantage as its initial trading platform. The listing goes live on May 15, 2025, accompanied by an airdrop program for eligible participants starting two days prior.
The strategic timing of the airdrop preceding the listing suggests a calculated liquidity bootstrap—a pattern increasingly adopted by emerging projects to incentivize early adoption while mitigating post-listing volatility. Binance Alpha’s selection as launchpad reinforces its growing reputation as a testing ground for innovative assets before broader exchange adoption.
