In a research note on Tuesday, Jeff Kendrick, head of the British banking giant, said:
“BNB has been completely traded in line with an undesirable basket from Bitcoin and Ether since May 2021 in terms of revenues and fluctuations.”
This is a good news to exchange Binance and Smart Chain Token. Bitcoin price I have been shattered $ 100,000 again in May, which is usually followed by a significant increase in some larger altcoins, such as BNB.
The basics of price growth to the front bnB strong
Moreover, both BTC and ETH are somewhat driven in the US digital assets stocks planned by the current administration.
Certainly, the decrease in the supplies available in the market and the confidence of the United States government will definitely lead to the push of these two BNB competitors and is likely to withdraw Binance, as well as the rest of the market.
Kindrik added: “BNB value drivers are unlikely to change any time soon,” Kendrick added.
The basic value of the BNB code is the wide, very active and liquid ecosystem. Binance exchange is the most active in the world in daily size. BNB distinctive symbols give users’ discounts on trading fees.
Moreover, BNB can be used as a symbol of the original basis layer of the Binance Smart series, and Smart Contract Blockchain like Ethereum and Solana.
VANECK First Bnb Etf Application
Urgent news
116 billion dollars asset assets Vanck just in favor $ BNB ETF. pic.twitter.com/9a8xutucjd
Elja (Jelboom) May 5, 2025
Money managers and professional advisers cannot take expectations such as this seriously from the unknown X accounts, even if they make some similarities in the analysis of their exaggerated demands.
However, from Standard Charterd, expectations for a 336 % investment return by 2028 on May BNB prices are impressive and credible. This will not be the first time that BNB has performed this performance.
Now, VANECK, one of the sources of Bitcoin ETF, only Applied In May the first BNB ETF source will be in New York. This should give another essential driver if approved to maintain the growth of BNB prices in line with BTC and ETH as Stancart indicates.
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