BNB’s recent ascent to a new all-time high surpassing $1,300 is not merely an “unexpected spike or rare peak”; rather, it underscores the network’s credibility, as noted by David Namdar, CEO of Nasdaq-listed CEA Industries, which has emerged as the world’s largest BNB Treasury.
In a recent conversation with Cointelegraph, Namdar described BNB (BNB) as “the most overlooked blue-chip in the market,” asserting that the rally reflects years of underappreciated fundamentals finally emerging.
“The market is becoming aware of the credibility, scale, and utility of the BNB ecosystem,” he remarked, highlighting the chain’s increasing throughput, active users, and stable traction in DeFi and gaming.
Data from DefiLlama indicates that BNB Smart Chain (BSC)’s total value locked (TVL) currently stands at $8.66 billion, ranking it as the third-largest blockchain. Over the past 24 hours, the network recorded 2.52 million active users, facilitating over 20.7 million transactions.
Namdar stated that this signifies that the “scale + utility” thesis is effective. “Activity and fees on the BNB Chain have been increasing, with Messari and BNB Chain’s updates reflecting extensive usage across BSC and opBNB, accompanied by consistent product innovation and ecosystem development,” he added.
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BNB’s internal strength drives momentum
Namdar observed that macro tailwinds like renewed liquidity and ETF inflows have positively influenced BNB’s recent performance, but he emphasized that the token’s internal strength is the primary catalyst. “I’d assign a substantial portion to macro flows,” he stated, “but an even larger portion to the unique ecosystem strength of BNB (PancakeSwap volumes, opBNB DAUs, diverse app mix).”
BNB is also reaping the benefits of Binance’s expanding reach. The exchange’s global infrastructure now encompasses wallets, payments, and Web3 applications. Its growth through new regulatory licenses and partnerships in Europe, the Middle East, and Asia has further enhanced investor confidence.
Recently, Japan’s PayPay, backed by SoftBank, acquired a 40% stake in Binance’s Japanese subsidiary, with Binance Japan becoming an equity-method affiliate of PayPay as of September 2025.
CEA Industries, trading on Nasdaq under BNC, maintains what it claims to be the world’s largest corporate BNB treasury. Last week, the company announced its possession of 480,000 BNB tokens, alongside total crypto and cash holdings amounting to $663 million.
Related: BNB surpasses XRP as the third-largest crypto asset by market cap
“BNB meme season” attracts traders
Marwan Kawadri, BNB Chain’s DeFi lead, stated that the network is evolving into “the heartbeat of onchain trading,” as it reaches new highs in active users and decentralized exchange volumes.
As reported by Bubblemaps, over 100,000 onchain traders recently participated in the BNB memecoin frenzy, with approximately 70% turning a profit. Some traders achieved notable gains, with one individual netting over $10 million, while numerous others realized six-figure profits.
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