BNB’s recent rise to a new all-time high above $1,300 is not an “unexpected outcome or rare peak,” but rather shows the network’s credibility, according to David Namdar, CEO of Nasdaq-listed CEA Industries, which has also become the world’s largest BNB treasury.
In a recent interview with Cointelegraph, Namdar called BNB (BNB Bank) “the market’s most overlooked leader,” arguing that the rise reflects years of underappreciated fundamentals that have finally been broken through.
“The market is waking up to the credibility, scale and usefulness of the BNB ecosystem,” he said, noting the high chain throughput, active users, and DeFi’s consistent appeal and gaming.
According to data from DefiLlama, BNB Smart Chain (BSC)‘s Total Value Locked (TVL) It is currently worth $8.66 billion, making it the third largest blockchain. Over the past day, the network had 2.52 million active users, with more than 20.7 million transactions.
This is a sign that the “scale + utility” thesis is working, Namdar said. “BNB Chain activity and fees have trended higher, with Messari and BNB Chain updates showing heavy usage across BSC and opBNB along with consistent product innovation and ecosystem delivery,” he added.
Related to: The BNB memecoins chain is minting new millionaires in a wild trading week
BNB’s internal strength remains the main driver
Namdar noted that macro tailwinds such as renewed liquidity and ETF inflows have positively impacted BNB’s recent flight, but insisted that the token’s internal strength remains the real driver. “I attribute a material portion to overall flows, but a large portion to the strength of the unique BNB ecosystem (PancakeSwap volumes, opBNB DAUs, broader application mix),” he said.
BNB is also benefiting from Binance’s growing footprint. The exchange’s global network now extends to infrastructure, wallets, payments and Web3 applications. Its expansion through new regulatory licenses and local partnerships across Europe, the Middle East and Asia has also boosted investor confidence.
Last week, Japanese company PayPay, with support from SoftBank, acquired a 40% stake in The Japanese subsidiary of Binance, Binance Japan will become a stock method subsidiary of PayPay as of September 2025.
CEA Industries, which is listed on the Nasdaq as BNC, runs what it calls the world’s largest corporate BNB treasury. Last week the company Announce It owns 480,000 BNB tokens, with total cryptocurrency and fiat holdings of $663 million.
Related to: BNB flips XRP as the third largest cryptocurrency asset by market capitalization
“BNB meme season” attracts traders
Last week, the BNB chain also saw a rise Boom in memecoin trading activity, with Binance founder Changpeng Zhao referring to the trend as “BNB meme szn.”
Marwan Quadri, DeFi Lead for BNB Chain, He said the network is evolving to the “heartbeat of onchain trading,” setting new highs in active users and decentralized exchange volumes.
according to Bubble mapsRecently, more than 100,000 onchain traders joined the BNB memecoin wave, with profits reaching around 70%. Some have made big gains, with one trader earning more than $10 million, while hundreds have made six-figure profits.
magazine: Hong Kong is not the loophole Chinese cryptocurrency companies think it is
