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Reading: See BNB Surge as Crypto Factors Align!
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COINTURK NEWS > Altcoin News > See BNB Surge as Crypto Factors Align!
Altcoin News

See BNB Surge as Crypto Factors Align!

In Brief

  • BNB closely mimics Bitcoin and Ethereum, bolstering Binance's ecosystem trust.

  • BNB's core value drivers and ETF applications support its long-term success.

  • BNB is poised to become a key player in global crypto portfolios.

Ömer Ergin
Ömer Ergin 1 month ago
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Geoff Kendrick, the digital assets leader at the British banking giant Standard Chartered, highlighted that since May 2021, the altcoin BNB has moved almost in parallel with a basket comprising Bitcoin (BTC) $106,308 and Ethereum (ETH) $2,576 in terms of both returns and volatility. This similarity acts as a significant trust factor for the Binance ecosystem. Historically, Bitcoin surpassing the $100,000 mark often triggers rapid movements in major altcoins. According to Kendrick’s analysis, BNB is expected to exceed $2,775, and such a milestone would not be surprising given the convergence of these factors.

Contents
The Core Dynamics Behind the $2,775 BNB ExpectationVanEck’s BNB ETF Application and Its Impact on the Altcoin

The Core Dynamics Behind the $2,775 BNB Expectation

According to Standard Chartered, the decrease in the circulating supply of BTC and ETH, when combined with the US government’s positive stance towards cryptocurrencies, creates a substantial impact. The reduced supply puts upward pressure on prices while official approval expectations strengthen investor confidence. This condition has the power to directly influence BNB.

Moreover, the fundamental value drivers for BNB remain valid. As the service coin of the world’s busiest exchange, Binance, it offers users transaction fee discounts and functions as a smart contract platform on the BNB Smart Chain, providing long-term support for the altcoin. Thus, BNB’s fate is largely tied to the vibrancy of the Binance ecosystem itself.

VanEck’s BNB ETF Application and Its Impact on the Altcoin

In May 2025, VanEck submitted its application for the first BNB ETF to be listed on the New York Stock Exchange. For institutional asset managers, the ETF format offers a professional route to bypass the risks of direct coin trading. This application is critical in elevating institutional demand for BNB.

VanEck Altcoin BNB ETF

If approved, the fresh capital injected into the market through the ETF will be a robust factor in keeping the BNB price aligned with BTC and ETH. As emphasized by Standard Chartered, BNB’s value drivers remain unchanged, and additionally, the ETF factor can strengthen its path forward. Consequently, BNB is set to become an indispensable part of cryptocurrency portfolios globally.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 11 May, 2025 - 5:43 pm 11 May, 2025 - 5:43 pm
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