Standard Chartered projects BNB price to reach $1,275 in 2025

Asset manager Standard Chartered forecasts that Binance’s native token BNB (CRYPTO:BNB) could more than double in value by the end of 2025, reaching approximately $1,275 per token.

As of May 6, 2025, BNB is trading near $600, with a fully diluted valuation of around $84 billion, according to CoinMarketCap data.

“BNB has traded almost exactly in line with an unweighted basket of Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) since May 2021 in terms of both returns and volatility,” noted Geoff Kendrick, an analyst at Standard Chartered, in a research report.

“We expect this relationship to continue to hold, driving BNB’s price from around USD 600 currently to USD 2,775 by end-2028,” he added.

BNB is the native cryptocurrency of Binance BNB Chain, a layer-1 blockchain network linked to the Binance centralised exchange.

Standard Chartered described the BNB Chain ecosystem as relatively “old-fashioned” compared to other layer-1 blockchains like Ethereum and Avalanche (CRYPTO:AVAX), with less developer activity.

More than 60% of the network’s on-chain economic activity is concentrated in decentralised exchanges (DEXs), which is a higher proportion than many other layer-1 networks.

The report suggested that this focus on DEXs could provide a degree of stability for the BNB Chain.

"Assuming Binance remains one of the largest CEXs, BNB’s value drivers are unlikely to change anytime soon,” Kendrick stated.

He also indicated that BNB could serve as a benchmark or average for broader digital asset prices.

Currently, BNB Chain ranks as the fourth largest layer-1 blockchain, with nearly $6 million in total value locked (TVL) according to DeFiLlama.

Additionally, on May 5, asset manager VanEck filed to list the first BNB exchange-traded fund (ETF) in the United States, signaling growing institutional interest in BNB.

At the time of reporting, the BNB (Binance Coin) price was $602.95.