Standard Chartered has released a bullish forecast for Binance Coin (BNB), projecting its price could reach approximately $1,275 by the end of 2025 and potentially climb to $2,775 by 2028.
This outlook is based on BNB’s historical performance, which has closely mirrored an unweighted basket of Bitcoin and Ethereum in terms of returns and volatility since May 2021.
The bank’s analysis suggests that as long as Binance maintains its position as a leading centralized exchange, BNB’s value drivers are unlikely to change significantly. This stability could position BNB as a benchmark for digital asset prices more broadly.
In a related development, asset manager VanEck has filed with the U.S. Securities and Exchange Commission (SEC) to launch the first U.S.-based exchange-traded fund (ETF) tracking BNB’s performance. The proposed ETF aims to hold spot BNB tokens and may include staking features, allowing the fund to participate in BNB staking activities.
As of May 6, 2025, BNB is trading at approximately $598.65, with a market capitalization of around $84 billion, making it the fifth-largest cryptocurrency by market cap.
BNB Chain, Binance’s layer-1 blockchain, continues to be a significant player in the decentralized finance (DeFi) space, ranking fourth in total value locked (TVL) with nearly $6 billion.
These developments indicate growing institutional interest in BNB and its ecosystem, potentially paving the way for increased adoption and price appreciation in the coming years.
The latest upgrade to Ethereum, Pectra, implemented on May 7, has begun to influence the dynamics of supply on the network.
Once a rising star in the crypto world, Pi Network is now under pressure as its token unlock schedule threatens to overwhelm market demand.
Binance is making changes to its trading roster again, this time pulling back three spot trading pairs and putting several cryptocurrencies under closer scrutiny.
In a significant move for crypto investment accessibility, Swiss asset manager 21Shares has introduced a new exchange-traded product (ETP) tied to the Cronos blockchain’s native token, CRO.