BNB (BNB), the native token of Binance's layer 1 smart contract platform BNB Chain, will likely offer steady returns and could reach $2,775 by the end of 2028, investment bank Standard Chartered (STAN) said in a research report Tuesday.

"BNB has traded almost exactly in line with an unweighted basket of bitcoin and ether since May 2021 in terms of both returns and volatility," wrote Geoff Kendrick, head of digital assets research.

Kendrick expects this relationship to hold and BNB to increase from its current price of around $600 to $2,775 by the end of 2028.

As long as Binance remains one of the largest centralized exchanges (CEX), "BNB's value drivers are unlikely to change anytime soon," Kendrick said, and this means the token could potentially serve as a benchmark for digital assets.

BNB Chain is used almost entirely for decentralized exchanges (DEX), lending protocols and for liquid staking, he noted, meaning it is a "more concentrated and ‘old-fashioned’ smart contract platform than rivals such as Ethereum and Avalanche.".

Read more: Bitcoin to Hit New All-Time High Around $120K in Q2, Standard Chartered Says

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。