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Standard Chartered Forecasts $2,775 for Binance’s BNB by 2028

  • Standard Chartered Bank forecasts a price target of $2,775 for Binance Coin (BNB) by 2028, predicting a 364.047% increase in value over three years.
  • Geoff Kendrick, the head of research at Standard Chartered, expressed bullish sentiment towards BNB, attributing its potential growth to the success of the Binance exchange.
  • The optimistic outlook on BNB is supported by the recent BNB spot-based ETF filing from VanEck, which could potentially lead to a significant price surge upon approval by the U.S. SEC.
  • However, Standard Chartered acknowledges the risks associated with BNB, including regulatory uncertainties, market volatility, and macro instability, despite the positive price trajectory.

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