Crypto News

Could its Price Double In 2025? – CryptoMode

Banking giant standard chartered, looking at a crypto trading desk, Binance's BNB token is expected to be more than double in price at the end of 2025, forecasting a climbing of $ 1,275 per coin – a sharp jump from a current price of close to $ 600.

The prediction, outlined by a new research note sent to the newspapers, reflects the bank's belief that BNB will continue to monitor closely to Bitcoin and Ethereum in terms of both return and volatility.

Geoff Kendrick, head of the Digital Asset Research in Standard Chartered, wrote that BNB has written two top coins since mid -2021 and that trend is expected to hold.

The prediction has also suggested that the cryptocurrency price may be more than quadruple by the end of 2028 to $ 2,775.

“BNB has exchanged almost exactly a weighted basket of Bitcoin and Ethereum since May 2021 in terms of both return and volatility,” Kendrick wrote. “We hope that this relationship will continue to handle, driving the BNB price from around the USD 600 current to USD 2,775 by end-2028.”

The token enables the BNB chain, a layer-1 blockchain network running along the centralized exchange of Binance and is used within the trading platform ecosystem.

While the network has less developer activity compared to rivals such as Ethereum or Avalanche, it remains a major player. Defillama Data It is shown that the BNB chain holds nearly $ 6 billion in total locked amount, making it the fourth largest L1 by that scale, behind Ethereum, Bitcoin, and Solana.

BNB Chain TVL. Source: Defillma
BNB Chain TVL. Source: Defillma

Excessive 60% of economic chain activity flows through decent exchanges (DEX), a narrower focus than more different competitors.

These standard chartered frames as a feature, not a flaw, which suggests the consistency of cases of BNB chain use, paired with the dominant part of the Binance market, provides stability in token appreciation.

“The thought Binance remains one of the biggest CEX, BNB value drivers are not likely to change anytime soon,” Kendrick wrote in note.

The durability of the token can be easily placed on other tests. Asset manager Vaneck filed to launch the first listed BNB ETF. Above this, Binance's founder and former CEO Changpeng Zhao suggested both BNB and BTC should be part of Kyrgzstan's crypto crypto.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblocker Detected

Please consider supporting us by disabling your ad blocker