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CEA Industries CEO Labels BNB as Undervalued Amid Record Highs

CEA Industries CEO Labels BNB as Undervalued Amid Record Highs

The price of BNB has reached a new all-time high, surpassing $1370. This growth reflects the fundamental metrics of the ecosystem rather than being a random spike, stated David Namdar, CEO of CEA Industries, in a comment to Cointelegraph.

Daily chart of BNB/USD on Binance. Source: TradingView.

His company holds the world’s largest corporate treasury in BNB.

Namdar described the coin as “the most undervalued blue chip on the market.”

“The market recognizes the reliability, scale, and utility of the BNB ecosystem,” he said.

According to Defi Llama, the total value locked in the BNB Smart Chain network has reached $9.23 billion, making it the third-largest blockchain.

Source: Defi Llama.

In the past 24 hours, the network registered 2.74 million active users and processed over 20 million transactions.

Namdar views these figures as a confirmation of the “scale + utility” thesis. He added that activity and fees in the BNB Chain are increasing, as “confirmed by Messari data and network reports.”

According to the expert, BNB’s growth has also been influenced by macroeconomic factors such as liquidity inflows and the launch of spot ETFs. However, he insists that the primary driving force remains the internal ecosystem. Among its strengths, he highlighted trading volumes on PancakeSwap and the number of active users of the L2 scaling solution for BNB Smart Chain, opBNB.

CZ on BNB

Binance founder Changpeng Zhao (CZ) emphasized that BNB does not have a market maker, unlike many other projects.

CZ also stated that entities affiliated with him have not bought or sold the asset in recent weeks. He cited the presence of developers, a strong community, and a deflationary mechanism as key factors.

Additional momentum was provided by activity in the meme coin sector. Zhao called this trend the “season of ‘funny coins’ on BNB.”

The Four.meme launchpad for meme coins on BNB Smart Chain surpassed Pump.fun on Solana in daily revenue. The former generated $1.4 million in revenue compared to $1.14 million for its competitor.

Source: Galaxy.

According to Bubblemaps, more than 100,000 on-chain traders joined the wave of coin launches on Four.meme. About 70% of them made a profit.

At the time of writing, BNB is trading around $1300, having gained 8.1% in the past day, according to CoinGecko.

Analysts at XWIN Research Japan have explained the reasons behind BNB’s rise. They believe the cryptocurrency’s rally reflects Binance’s structural recovery and the deepening integration of the exchange with TradFi.

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