{"id":23729,"date":"2025-05-07T12:05:38","date_gmt":"2025-05-07T09:05:38","guid":{"rendered":"https:\/\/forklog.com\/en\/standard-chartered-predicts-bnb-surge-to-2775-by-2028\/"},"modified":"2025-05-07T12:05:38","modified_gmt":"2025-05-07T09:05:38","slug":"standard-chartered-predicts-bnb-surge-to-2775-by-2028","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/standard-chartered-predicts-bnb-surge-to-2775-by-2028\/","title":{"rendered":"Standard Chartered Predicts BNB Surge to $2775 by 2028"},"content":{"rendered":"

The price of Binance-linked token BNB is projected to rise to $2775 by the end of 2028, according to a forecast by Standard Chartered, as reported by The Block<\/a>.<\/p>\n

With the current rate at $606.1, this suggests a 4.58-fold increase.<\/p>\n

Experts noted the similarity in the performance of BNB to an unweighted basket of Bitcoin and Ethereum in terms of both returns and volatility. They expect this trend to continue.<\/p>\n

The deflationary nature of the asset, its integration with the largest Bitcoin exchange, and the dominance of PancakeSwap among DEXs on BNB Chain will provide support.<\/p>\n

Standard Chartered highlighted the more centralized nature of the BNB network due to the PoA consensus algorithm involving 45 validators elected every 24 hours.<\/p>\n

Analysts suggested an increase in developer activity following the recent Pascal<\/a> update and the upcoming Maxwell in June. Currently, BNB Chain lags behind Avalanche and Ethereum in this regard.<\/p>\n

By the end of 2024, the BNB Chain DeFi ecosystem grew by 58%<\/a>, with the volume of funds locked in smart contracts reaching $5.5 billion.<\/p>\n

In February, the project published<\/a> a technical roadmap for 2025.<\/p>\n

Earlier, Standard Chartered urged the purchase of the first cryptocurrency and predicted its price would rise to $120,000<\/a> in the second quarter.<\/p>\n

Back in March, the bank’s analysts revised their Ethereum price target for 2025, lowering it from $10,000 to $4,000<\/a>. They cited the growing influence of L2 solutions, particularly the Base platform, as a reason.<\/p>\n","protected":false},"excerpt":{"rendered":"

The price of Binance-linked token BNB is projected to rise to $2775 by the end of 2028, according to a forecast by Standard Chartered, as reported by The Block. With the current rate at $606.1, this suggests a 4.58-fold increase. Experts noted the similarity in the performance of BNB to an unweighted basket of Bitcoin […]<\/p>\n","protected":false},"author":1,"featured_media":23728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1307,1146,1347],"class_list":["post-23729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bnb-chain","tag-cryptocurrency-market-forecasts","tag-standard-chartered-plc"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23729"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23728"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}