BNB has climbed to an all-time high above $1,300, but industry leaders insist the surge isn’t a speculative flash.
According to David Namdar, CEO of CEA Industries – now the world’s largest corporate holder of BNB – the rally confirms the growing strength and maturity of the Binance ecosystem.
Namdar described BNB as “the most underappreciated blue-chip in the entire crypto market,” arguing that the latest surge is the result of years of network development finally gaining recognition. “The market’s waking up to BNB’s scale and real-world utility,” he said, citing rising transaction volumes, strong DeFi adoption, and a surge in gaming and staking activity on the BNB Smart Chain.
A network running at full speed
According to DefiLlama, BNB’s total value locked (TVL) sits near $8.6 billion, ranking it third globally. Over 20 million daily transactions and millions of active wallets underscore the blockchain’s momentum, which Namdar says validates BNB’s “scale + utility” model.
He credits part of the rally to the broader liquidity wave from ETF flows but insists BNB’s internal metrics – from PancakeSwap’s trading volume to opBNB’s user growth – are the real catalysts. “This isn’t just macro money,” he explained. “It’s ecosystem strength doing the heavy lifting.”
Binance’s expansion reinforces the story
BNB’s growth also mirrors Binance’s widening global presence, now spanning regulated operations across Europe, Asia, and the Middle East. In Japan, SoftBank-backed PayPay recently purchased a 40% stake in Binance Japan, making it an affiliate and marking a major vote of confidence in the exchange’s regional strategy.
Meanwhile, CEA Industries (Nasdaq: BNC) revealed holdings of 480,000 BNB, giving it the largest BNB treasury of any company worldwide, worth an estimated $663 million in crypto and cash reserves. Namdar said the firm views BNB as “a long-term anchor,” comparing its role in digital finance to that of gold in traditional markets.
Retail frenzy returns
Adding fuel to the excitement, the BNB Chain has seen a sudden wave of memecoin activity, dubbed “BNB meme season” by Binance founder Changpeng Zhao. According to Bubblemaps, more than 100,000 traders joined the frenzy, with most turning profits – one reportedly netting over $10 million.
That retail revival, coupled with Binance’s global reach and rising DeFi traction, helped BNB surpass XRP to become the third-largest cryptocurrency by market capitalization.
Namdar believes this milestone is just the start. “BNB’s rally isn’t luck – it’s validation,” he said. “The ecosystem has hit escape velocity.”
Source: Bloomberg
