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HomeBitcoinBitcoin NewsStandard Chartered says that BNB Price could exceed $ 2,775 as Vaneck...
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Standard Chartered says that BNB Price could exceed $ 2,775 as Vaneck files for ETF

In a research note on Tuesday, said Digital Chief of the British bank giant, Geoff Kendrick ,:

“BNB has changed almost exactly in line with a non -weighted basket of Bitcoin and Ether since May 2021 in terms of yields and volatility.”

That is good news for Binance Exchange and Smart Chain Token. The price of Bitcoin has eclipsed $ 100,000 again in May, which is generally followed by a substantial increase in some higher capitalization altcoins, such as BNB.

BNB Fundamentals of Strong Term Price Growth

In addition, both BTC and ETH go to some extent in the US Digital Assets Reserve. UU. Planned by the current administration.

The decrease in supplies available to the market and confidence of the United States government will almost surely lead to these two highest BNB competitors and probably drag the Benance currency, as well as the rest of the market.

“It is unlikely that BNB value controllers change in the short term,” Kendrick added.

Primary value controllers for the BNB token are their extensive, highly active and deeply liquid ecosystem. Binance exchange is the most active in the world in terms of daily volume. BNB tokens give users discounts on commercial rates.

In addition, BNB can be used as the native base layer token for the Binance Smart chain, a smart contract block chain such as Ethereum and Solana.

Vaneck Archives for the first BNB ETF application

Professional money administrators and advisers cannot really take projections such as anonymous X accounts, even if they provide an appearance of analysis for their often exaggerated statements.

But, from Standard Chartered, that prognosis for a ROI of 336% by 2028 on May, BNB prices are impressive and credible. It would not be the first time that BNB has delivered such performance.

Now, Vaneck, one of the Bitcoin ETF emitters, only applied In May, be the first ETF BNB issuer in New York. That should give another main value controller if approved to maintain the growth of BNB prices in line with BTC and ETH as Stanchart points out what has been.

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