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Cryptocurrency News Articles

Standard Chartered Predicts Binance Coin (BNB) Price to Reach $1,275 by 2025

May 07, 2025 at 04:55 am

Standard Chartered has forecasted that Binance Coin (BNB) could climb to $1275 by the end of 2025.

Standard Chartered has predicted that Binance Coin (BNB) could hit $1,275 by the end of 2025. The bank’s research team made the estimate based on BNB’s strong correlation with Bitcoin and Ethereum.

According to a report by the bank, BNB “has traded almost exactly in-line with an unweighted basket of Bitcoin and Ethereum” since May 2021. The report, titled "Relative Insurgency: Decoding the Benchmarking Role of BNB," further suggests that the same trend will continue over the next few years.

The forecast also includes a longer-term price target of $2,775 for the BNB price by the end of 2028. This would represent more than a fourfold increase from its current price of around $600.

However, the report adds that while BNB may rise in price, it is expected to underperform Bitcoin and Ethereum in terms of market cap growth and returns.

The report attributes BNB’s price stability to several factors, including the development of the Binance chain ecosystem. Recently, asset manager VanEck filed an application to launch the first U.S.-listed BNB exchange-traded fund (ETF). If approved, this would increase institutional access to the token.

Binance has also introduced plug-and-play integration for AI through the Model Context Protocol (MCP). According to a blog post from BNB Chain, MCP allows seamless two-way communication between AI agents and blockchain systems, facilitating DeFi, trading, and security use cases on the Binance Smart Chain and opBNB.

Furthermore, BNB has come into the spotlight in the realm of geopolitical crypto strategy. On May 5, Binance co-founder Changpeng Zhao shared on X that he had advised the Central Bank of Kyrgyzstan to include BNB in the national crypto reserves. The recommendation, which also included Bitcoin, underscores BNB’s role in sovereign digital finance discussions.

There are also technical setup that point to potential breakout of BNB price. Specifically, analysts have noted that the current formation has a pattern of a falling wedge, which is normally a reversal formation.

Crypto analyst Wagmisaurus has noted that the price has respected zones of both support and resistance, which is evidence for the validity of this pattern. The $500 to $530 horizontal zone was tested several times, and could offer the bulls a strong support area. The Binance Coin price has again pulled back to this zone on a bounce, which implies that buyers are actively defending this level at the moment.

If BNB price breaks above the upper boundary of the wedge, the subsequent moves could be towards the resistance levels of $640 and $690. Another factor that can be seen from the price action of the currency pair is that higher lows are being created hence it demonstrated less selling pressure.

The situation will be confirmed by daily breakout above the wedge’s upper trendline by the Binance Coin price. This would be in tune with the general market outlook and such events as the BNB ETF filing and AI Projects.

According to data from DeFiLlama, BNB Chain is currently the fourth-largest Layer-1 network with nearly $6 billion in total value locked. The network’s activity is dominated by decentralized exchanges, which make up over 60% of its on-chain economy.

Standard Chartered noted that BNB Chain has slower developer growth than Ethereum and Avalanche. Still, this could lead to price consistency due to less speculative activity. Kendrick wrote that BNB’s stability may allow it to act as a “benchmark for digital asset prices.”

Onchain sentiment also supports a possible breakout according to Coinglass. Despite negative funding rates over recent months, the BNB price has remained relatively stable. This suggests that the bearish traders may be getting trapped, which could lead to a short squeeze if prices rise further. In addition, the reduced volatility in funding rates also hints at a potential large move ahead.

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Other articles published on May 07, 2025