According to a report by Standard Chartered, Binance's BNB token is projected to rise to approximately $2,775 by the end of 2028, marking a 360% increase from its current price around $600. The report highlights that BNB has been trading similarly to an unweighted basket of Bitcoin and Ethereum since May 2021, showing both consistent returns and volatility. Despite its limited utility for developers compared to other major chains, BNB has maintained popularity among traders. Standard Chartered suggests this relationship with Bitcoin and Ethereum will persist, with BNB serving as a benchmark for digital currencies more broadly. Additionally, VanEck has initiated plans to launch an ETF tracking BNB's spot price, which reflects growing institutional interest in the token. Overall, BNB's status as a significant digital asset is reinforced by its market cap and trading behavior.

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