According to Standard Chartered, BNB Coin could soar to $2,775 by the end of 2028, marking a significant rise from its current value of around $600.

In their latest report, Geoff Kendrick, the bank’s head of digital asset research, explains that BNB has mirrored the performance of major cryptocurrencies like Bitcoin and Ether since mid-2021, both in terms of price growth and volatility. Kendrick believes this trend will continue, positioning BNB for substantial long-term gains.

The report also notes that the strength of Binance, one of the largest centralized exchanges (CEX), plays a crucial role in supporting BNB’s value. As long as Binance retains its market leadership, the token’s prospects remain strong.

Additionally, BNB Chain’s increasing use in decentralized finance (DeFi) applications—such as decentralized exchanges (DEXs) and lending platforms—reinforces its position as a key player in the crypto ecosystem.