The British multinational bank Standard Chartered recently predicted that the price of BNB could reach $2,775 by 2028. Meanwhile, the major fund management company VanEck has filed for the first BNB Exchange-Traded Fund (ETF) in the United States. Standard Chartered's head of digital, Geoff Kendrick, pointed out that since May 2021, BNB's performance has been almost identical to a combination of Bitcoin and Ethereum. Bitcoin's price breaking through $100,000 again in May typically drives up the prices of major altcoins, including BNB. The main value drivers for BNB include its active and highly liquid ecosystem, the high trading volume on the Binance exchange, and BNB's role as the native token of the Binance Smart Chain. If VanEck's BNB ETF application is approved, it will provide new momentum for BNB's price growth. Both the forecast and the ETF application indicate significant future potential for BNB.

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In a research note out on Tuesday, the British banking giant’s head of digital, Geoff Kendrick, said:“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.”That’s good news for the Binance exchange and smart chain token. Bitcoin’s price has eclipsed $100,000 again in May, which is typically followed by a substantial increase in some larger-cap altcoins, such as BNB.<h2>BNB Forward Price Growth Fundamentals Strong</h2>Moreover, both BTC and ETH are going in some measure into the US digital asset stockpile planned by the current administration.The decrease in available supplies to the market and the confidence of the US government will almost certainly drive these two BNB competitors higher and will likely drag Binance’s coin, as well as the rest of the market.“BNB’s value drivers are unlikely to change anytime soon,” Kendrick added.The primary value drivers for the BNB token are its extensive, highly active, and deeply liquid ecosystem. The Binance exchange is the most active in the world in terms of daily volume. BNB tokens give users discounts on trading fees.Furthermore, BNB can be used as the native base layer token for the Binance Smart Chain, a smart contract blockchain like Ethereum and Solana.<h2>VanEck Files For First BNB ETF Application</h2>
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$116B Asset Manager VanEck has just filed for $BNB ETF. pic.twitter.com/9A8XUtuCJD
— Elja (@Eljaboom) May 5, 2025Professional money managers and advisors can’t really take projections like this very seriously from anonymous X accounts, even if they provide some semblance of analysis for their often highly exaggerated claims.But, coming from Standard Chartered, that forecast for a 336% ROI by 2028 over May BNB prices is impressive and credible. It wouldn’t be the first time BNB has delivered such performance.Now, VanEck, one of the Bitcoin ETF issuers, just applied in May to be the first BNB ETF issuer in New York. That should give another primary value driver if approved to keep BNB price growth in line with BTC and ETH as StanChart points out it’s been.

Standard Chartered Bank predicts BNB price may reach $2,775, VanEck applies for the first BNB ETF