BNB Chain’s “Old-Fashioned” Approach Drives Institutional Adoption as Token Holds Above $600
With its native currency BNB currently valued at $600, up over 1% in the past 24 hours, Binance-affiliated blockchain Binance Chain keeps
Quick overview
- BNB's current value is $600, showing over 1% growth in the last 24 hours, driven by institutional adoption and a resurgence in DeFi activity.
- VanEck's proposal for the first BNB ETF in the U.S. marks a significant shift, leveraging Binance's massive trading volume.
- BNB Chain's Total Value Locked has risen to over $6 billion, although still below its all-time high of nearly $20 billion.
- Standard Chartered predicts BNB could reach $1,275 by the end of 2025, highlighting its unique stability and potential for growth.
With its native currency BNB BNB/USD currently valued at $600, up over 1% in the past 24 hours, Binance-affiliated blockchain BNB Chain keeps proving extraordinary resilience in 2025. Driven by institutional adoption, restored DeFi activity, and rising interest from traditional finance, BNB has rebounded significantly following stagnation most of 2023.
Institutional Momentum Builds with BNB ETF Filing
The environment will undergo a sea change with VanEck’s May 5 proposal for the first BNB ETF in the United States. Given BNB Chain’s link to Binance, which attained a startling $76 trillion in trading volume in 2024 (40% of world spot trading), there is a major competitive edge.
“Binance has developed a huge ecosystem where BNB is used extensively,” said Joao Wedson, CEO of investing analytics platform Alphractal. “Strong fundamental also back this resilience; it is not only about price action.”
BNB Chain Ecosystem’s DeFi Recovery Underway
BNB Chain’s Total Value Locked (TVL) increased from almost $3.5 billion to more than $6 billion early in 2024. Although amazing, this still just falls short of its all-time high of almost $20 billion reached in 2022. Still the largest DEX in the network, PancakeSwap supports TVL to reach over $1.5 billion total.
Concentrated largely on DEXs, loan protocols, and liquid staking, Standard Chartered’s research classifies BNB Chain as a “concentrated and ‘old-fashioned” smart contract platform adding that “while this caps upside potential, it also provides a degree of stability.”
Conservative Development Approach
Unlike other blockchains that sometimes bring new capabilities, BNB Chain has maintained a cautious approach since 2021. Standard Chartered Geoffrey Kendrick’s global head of digital assets research sees this as a “tortoise-like” method providing investors constancy.
BNB/USD Technical Outlook Remains Positive
Technical indicators hint to continuous good momentum for BNB. While the MACD shows a positive crossover, the Relative Strength Index (RSI) at 62 points to development potential prior to entering overbounded area. Notable whale activity is indicated by significant transactions up 10% in the past 48 hours and on-chain statistics showing a 15% increase in transaction traffic on BNB Chain in the past 24 hours.
With a yearly inflation rate of -5.3%, BNB’s deflationary policy provides even more support for long-term value via an automated burn mechanism.
BNB Price Prediction
Standard Chartered forecasts BNB could rise from present levels to $1,275 by the end of 2025 and to $2,775 by the end of 2028, therefore reflecting a potential 359% growth.
Based on bank research, “BNB’s old-fashioned nature makes it unique among the largest digital assets,” so the bank recommends it as a benchmark for the whole sector.
With almost $2 billion (99% of its supply) existing on the network, the USD1 stablecoin sanctioned by Trump has since been primarily released on BNB Chain. Additionally drawing increased interest and liquidity is Binance’s new Alpha asset trading campaign on BNB Chain.
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