Bold predictions in terms of encryption are often met in skepticism.
But the standard tank bank abandoned a big person.
What is behind this claim? Let’s dive together.
Can BNB actually reach $ 2,800?
Honestly, in the next three years, the price of BNB has increased almost five times. At the time of writing, BNB is traded at $ 604.8. Do you think you can shoot up to $ 2,800? It is a pretty big leap.
But here is an interesting place. The prediction of Standard Chartered is based on solid. Since May 2021, BNB is a stable pattern that has been almost coincided with Bitcoin and Ethereum.
This consistent correlation gives some weights to predictions, making BNB a potential benchmark for the movement of a wider encryption market.
Are you still sure?
Understanding Standard Chartered for BNB
So what is the prospect of this strong?
- Stable correlation: BNB has been tracking the performance of Bitcoin and Ethereum for several years. If the pattern is maintained, BNB, like BTC and ETH, can see the price surge.
- Binance: Binance is one of the largest central exchanges in the world. As long as BNB is at the top, the value of the BNB will continue to benefit from the large -scale influence of the exchange in the market.
- BNB benchmark: Standard Char BNB can always appear as a definite alternative instead of focusing on Bitcoin or Etherrium.
But of course there is a catch.
Since the encryption market is famous for volatility, these factors make sense, but the situation can always change. Can BNB continue to follow the footsteps of BTC and ETH, or can the market cause unexpected changes?
BNB ETF: Potential improvement in adoption!
And the story continues…
Vaneck, a major US asset manager, just submitted to the SEC for the BNB branch ETF. This is especially a big step, especially as the race of Altcoin ETF heats up. When this ETF is approved, BNB can give a significant boost by making it easier for institutional investors to access.
This will lead to more adoption, which makes the price of BNB even more.
The current price of BNB is $ 604.8, but if there is an ETF on the horizon, more people can increase the price. The additional exposure of the ETF can be a catalyst that helps BNB reaches a potential goal of $ 2,800.
We will wait for the SC and SC hope to be sorted!