BNB’s impressive climb to a new all-time high exceeding $1,300 is not an “unexpected rise or rare peak”; it highlights the network’s credibility, according to David Namdar, CEO of Nasdaq-listed CEA Industries, which has also established the world’s largest BNB Treasury.
In a recent discussion with Cointelegraph, Namdar described BNB (BNB) as “the most overlooked blue-chip in the market,” asserting that the recent rally showcases years of underappreciated fundamentals finally coming to light.
“The market is recognizing the credibility, scale, and utility of the BNB ecosystem,” he noted, highlighting the chain’s increased throughput, user activity, and consistent traction in DeFi and gaming.
Data from DefiLlama indicates that the BNB Smart Chain (BSC) currently has a total value locked (TVL) of $8.66 billion, positioning it as the third-largest blockchain. In the past day, the network reported 2.52 million active users and over 20.7 million transactions.
Namdar remarked that this indicates the effectiveness of the “scale + utility” thesis. “BNB Chain activity and fees have been on the rise, with Messari and BNB Chain’s updates showcasing significant usage across BSC and opBNB, along with ongoing product innovation and ecosystem development,” he added.
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BNB’s internal strength is the main driver
Namdar pointed out that favorable macro conditions like renewed liquidity and ETF inflows have positively influenced BNB’s recent performance, but emphasized that the token’s internal strength is the true catalyst. “I’d attribute a significant part to macro flows,” he explained, “but a larger part to ecosystem strength unique to BNB (PancakeSwap volumes, opBNB DAUs, broader app mix).”
BNB is also reaping the benefits of Binance’s growing influence. The exchange’s global network now encompasses infrastructure, wallets, payments, and Web3 applications. Its expansion through new regulatory licenses and local partnerships across Europe, the Middle East, and Asia has further enhanced investor confidence.
Last week, Japan’s PayPay, backed by SoftBank, secured a 40% stake in the Japanese subsidiary of Binance, with Binance Japan becoming an equity-method affiliate of PayPay as of September 2025.
CEA Industries, listed on Nasdaq as BNC, claims to operate the world’s largest corporate BNB treasury. Last week, the company revealed holdings of 480,000 BNB tokens, with total crypto and cash holdings amounting to $663 million.
Related: BNB overtakes XRP as the third-largest crypto asset by market cap
“BNB meme season” attracts traders
Last week, the BNB Chain also experienced a surge in memecoin trading, with Binance founder Changpeng Zhao dubbing the occasion “BNB meme szn.”
Marwan Kawadri, BNB Chain’s DeFi lead, stated that the network is transitioning to become “the heartbeat of onchain trading,” achieving new highs in active users and decentralized exchange volumes.
According to Bubblemaps, over 100,000 onchain traders have recently joined the BNB memecoin wave, with approximately 70% in profit. Some achieved remarkable gains, with one trader earning over $10 million, while hundreds saw six-figure profits.
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