David Namdar, CEO of CEA Industries, the Nasdaq-listed BNB treasury and the world’s largest, said BNB’s recent surge to an all-time high of more than $1,300 was not a “windfall or rare peak,” but rather a sign of the network’s reliability.
In a recent interview with Cointelegraph, Namdar called BNB (BNB) “the most overlooked blue-chip stock in the market” and argued that the rally reflects the fundamentals that have been undervalued for years finally breaking through.
“The market is waking up to the credibility, scale, and utility of the BNB ecosystem,” he said, pointing to the chain’s rising throughput, active users, and steady DeFi and gaming traction.
According to DefiLlama data, the total value locked (TVL) of BNB Smart Chain (BSC) is currently $8.66 billion, making it the third largest blockchain. In the past day, the network had 2.52 million active users and over 20.7 million transactions.
Namdar said this is a sign that the “scale + utility” theory is working. “BNB Chain’s activity and fees are on an upward trend, with Messari and BNB Chain’s own updates showing heavy usage across BSC and opBNB, along with consistent product innovation and ecosystem offerings,” he added.
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BNB’s internal strength remains the main driving force
Namdar noted that macro tailwinds such as new liquidity and ETF inflows have had a positive impact on BNB’s recent ride, but maintained that the token’s internal strength remains the real driver. “We think a significant part is due to macro flows, but a very large part is due to the strength of BNB’s unique ecosystem (PancakeSwap’s volume, opBNB’s DAU, broader app mix),” he said.
BNB is also benefiting from Binance’s growing footprint. Today, the exchange’s global network spans infrastructure, wallets, payments, and Web3 applications. The company’s expansion through new regulatory licenses and local partnerships across Europe, the Middle East and Asia is also boosting investor confidence.
Last week, Japan’s PayPay, backed by SoftBank, acquired a 40% stake in Binance’s Japanese subsidiary, and Binance Japan will become PayPay’s equity method affiliate as of September 2025.
CEA Industries, listed on Nasdaq as BNC, operates what it calls BNB Treasury, the world’s largest corporation. Last week, the company announced holdings of 480,000 BNB tokens, bringing its total crypto and cash holdings to $663 million.
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Traders gather for “BNB Meme Season”
Last week, there was also a surge in meme coin trading activity on the BNB chain, with Binance founder Qiao Changpeng calling the trend the “BNB meme zone.”
Marwan Kawadri, head of DeFi at BNB Chain, said the network is evolving into the “heartbeat of on-chain trading”, with the number of active users and decentralized exchange trading volume hitting new highs.
According to Bubblemaps, more than 100,000 on-chain traders have recently joined the BNB meme coin wave, earning profits of around 70%. One trader made more than $10 million in profits, hundreds of traders made six-figure profits, and some made huge profits.
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