BNB’s recent increase to a new all-time high of over $1,300 is not an “unexpected upshot or rare peak,” but rather showcases the network’s credibility, according to David Namdar, CEO of Nasdaq-listed CEA Industries, which has emerged as 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 rally signifies years of underappreciated fundamentals breaking through.
“The market is recognizing the credibility, scale, and utility of the BNB ecosystem,” he stated, highlighting the chain’s increasing throughput, active user base, and steady traction in DeFi and gaming.
According to data from DefiLlama, the total value locked (TVL) in BNB Smart Chain (BSC) currently sits at $8.66 billion, establishing it as the third-largest blockchain. In the last day, the network recorded 2.52 million active users and over 20.7 million transactions.
Namdar pointed out that this indicates the effectiveness of the “scale + utility” thesis. “The activity and fees on BNB Chain have been on the rise, with data from Messari and BNB Chain showing significant usage across BSC and opBNB, along with continuous product innovation and ecosystem development,” he noted.
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BNB’s inherent strength is the main catalyst
Namdar acknowledged that macro tailwinds such as renewed liquidity and ETF inflows have positively influenced BNB’s recent growth, but emphasized that the token’s intrinsic strength is the true driving force. “I would attribute a significant portion to macro flows,” he stated, “but an even larger share to ecosystem strength unique to BNB (PancakeSwap volumes, opBNB DAUs, broader app mix).”
BNB is also benefitting from Binance’s expanding reach. The exchange’s global network now encompasses infrastructure, wallets, payments, and Web3 applications. Its growth through new regulatory licenses and local partnerships across Europe, the Middle East, and Asia has further boosted investor confidence.
Recently, Japan’s PayPay, backed by SoftBank, acquired a 40% stake in the Japanese subsidiary of Binance, making Binance Japan an equity-method affiliate of PayPay as of September 2025.
CEA Industries, listed on Nasdaq as BNC, manages what it claims is the world’s largest corporate BNB treasury. Last week, the company reported holdings of 480,000 BNB tokens, with total crypto and cash holdings reaching $663 million.
Related: BNB surpasses XRP as the third-largest crypto asset by market cap
“BNB meme season” attracts traders
Last week, the BNB Chain experienced a spike in memecoin trading activity, with Binance founder Changpeng Zhao dubbing the phenomenon “BNB meme szn.”
Marwan Kawadri, BNB Chain’s DeFi lead, stated that the network is transforming into “the heartbeat of onchain trading,” having reached new highs in active users and decentralized exchange volumes.
According to Bubblemaps, over 100,000 onchain traders have recently joined the BNB memecoin surge, with approximately 70% in profit. Some traders saw substantial gains, with one earning over $10 million, while hundreds achieved six-figure profits.
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