Standard Chartered has issued a bullish prediction for Binance Coin (BNB), forecasting its price to reach $2,775 by 2028. This projection is fueled by strong institutional interest in the cryptocurrency. Geoffrey Kendrick, lead analyst at Standard Chartered, highlights BNB’s historical performance as an indicator of its blue-chip status. Its price has closely mirrored Bitcoin and Ethereum since May 2021, demonstrating resilience within the volatile crypto markets. He expects this correlation to continue, further pushing BNB’s value upwards. The prediction is in line with the growing prominence of institutional investors, including VanEck’s recent BNB ETF filing. This move signals mainstream acceptance and positive investor sentiment, solidifying BNB’s position as a key player within the financial world. Kendrick believes this increased demand for BNB will shape its role as a leading asset under scrutiny by institutional investors. As regulatory frameworks evolve, BNB is poised to adapt and thrive with greater control from these stakeholders. This dynamic suggests significant potential for growth, particularly in line with evolving blockchain technology and developer activity within the Binance ecosystem. This prediction further emphasizes the historical trend of price increases following major market rallies, suggesting BNB’s strategic positioning within the crypto landscape. Furthermore, it highlights the importance of continued technological advancement, which is crucial for network robustness and attracting developers to the platform.