CEA Industries CEO David Namdar said that BNB’s jump to $1,300 is no coincidence, but a result of a mature ecosystem and the fundamental strength of the Binance Smart Chain.
BNB Breaks $1,300: Investors Recognize Binance Ecosystem as the Strongest in the Market
BNB has risen to a new all-time high of over $1,300, which David Namdar, CEO of CEA Industries (Nasdaq: BNC), says reflects not a speculative surge but rather a strengthening of trust in the network.
Fundamental strength of the ecosystem
According to DefiLlama, BNB Smart Chain (BSC) currently holds $8.66 billion in locked value (TVL), making it the third largest network in the world. Over the past 24 hours, the network processed over 20.7 million transactions and had 2.52 million active users.
“The ‘scale + utility’ thesis is working. BNB Chain activity and fees are growing, opBNB and DeFi products are showing steady growth,” Namdar added.
Analysts also note that the growth is supported by stable updates, gaming projects, DEX traffic and high PancakeSwap volume.
Macromarket influence and strength within the ecosystem
Despite the positive background of the recovery of liquidity and ETF inflows, Namdar emphasizes that the main driver is BNB’s internal strength.
“This was partly driven by macro movements, but mostly by the unique dynamics of the Binance ecosystem,” he explained.
Binance expands global presence
Binance’s growth continues to support investor confidence. The company is actively building out infrastructure, wallets, payment services, and Web3 applications.
In September, PayPay (SoftBank) acquired 40% of Binance Japan, making the unit an associated company of PayPay, a move that strengthens Binance’s position in East Asia.
Meanwhile, CEA Industries, which manages the world’s largest corporate BNB treasury, announced its ownership of 480,000 BNB tokens and total assets of $663 million.
“BNB meme season”: traders earn millions
Amid the rise of the token on the BNB network, the “BNB meme season,” as Changpeng Zhao called it, has unfolded. According to Bubblemaps, over 100,000 on-chain traders participated in the meme trading wave, with 70% of them making a profit, and individual players earning over $10 million.
BNB Chain’s DeFi head Marwan Kawadri called the network “the heart of on-chain trading,” as it breaks records for user activity and DEX trading volumes every day.
Conclusion
After years of undervaluation, BNB is transforming into a mature technology platform that combines DeFi, gaming, NFTs, and massive Web3 infrastructure. Instead of random spikes, there is systemic growth, confirming BNB’s status as a “blue chip” of the crypto market.
Related: Trader turns $3K into $2M after CZ’s post sends BNB memecoin “4” soaring