Standard Chartered Says BNB Price Could Top $2,775 as VanEck Files for ETF

In a analysis be aware out on Tuesday, the British banking large’s head of digital, Geoff Kendrick, mentioned:

“BNB has traded virtually precisely according to an unweighted basket of bitcoin and ether since Could 2021 when it comes to each returns and volatility.”

That’s excellent news for the Binance alternate and good chain token. Bitcoin’s value has eclipsed $100,000 once more in Could, which is often adopted by a considerable improve in some larger-cap altcoins, equivalent to BNB.

BNB Ahead Worth Progress Fundamentals Sturdy

Furthermore, each BTC and ETH are getting in some measure into the US digital asset stockpile deliberate by the present administration.

The lower in accessible provides to the market and the arrogance of the US authorities will virtually actually drive these two BNB rivals increased and can doubtless drag Binance’s coin, in addition to the remainder of the market.

“BNB’s worth drivers are unlikely to alter anytime quickly,” Kendrick added.

The first worth drivers for the BNB token are its intensive, extremely lively, and deeply liquid ecosystem. The Binance alternate is essentially the most lively on this planet when it comes to each day quantity. BNB tokens give customers reductions on buying and selling charges.

Moreover, BNB can be utilized because the native base layer token for the Binance Sensible Chain, a wise contract blockchain like Ethereum and Solana.

VanEck Recordsdata For First BNB ETF Software

Breaking Information

$116B Asset Supervisor VanEck has simply filed for $BNB ETF. pic.twitter.com/9A8XUtuCJD

— Elja (@Eljaboom) May 5, 2025

Skilled cash managers and advisors can’t actually take projections like this very severely from nameless X accounts, even when they supply some semblance of research for his or her usually extremely exaggerated claims.

However, coming from Normal Chartered, that forecast for a 336% ROI by 2028 over Could BNB costs is spectacular and credible. It wouldn’t be the primary time BNB has delivered such efficiency.

Now, VanEck, one of many Bitcoin ETF issuers, simply applied in Could to be the primary BNB ETF issuer in New York. That ought to give one other main worth driver if accredited to maintain BNB value progress according to BTC and ETH as StanChart factors out it’s been.