CEA Industries CEO Declares BNB the Most Undervalued Asset Amidst Historic Peaks CEA Industries CEO Declares BNB the Most Undervalued Asset Amidst Historic Peaks

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

His company holds the largest corporate treasury in BNB globally.

Namdar described the coin as «the most undervalued blue chip in the market.»

«The market recognizes the reliability, scale, and utility of the BNB ecosystem,» he commented.

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

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

Namdar considers these figures to corroborate the notion of «scale + utility.» He added that activity and fees on the BNB Chain are increasing, which is «substantiated by data from Messari and reports from the network itself.»

The expert believes that macroeconomic factors such as liquidity influx and the launch of spot ETFs have also contributed to the BNB growth. However, he insists that the primary driving force remains the internal ecosystem. Among its strengths, Namdar highlighted trading volumes on PancakeSwap and the number of active users on L2 solutions for scaling BNB Smart Chain, particularly opBNB.

Binance founder Changpeng Zhao (CZ) emphasized that there is no market maker for BNB, unlike many other projects.

CZ also mentioned that his affiliated entities have neither bought nor sold the asset in recent weeks. He pointed out the presence of developers, a robust community, and a deflationary mechanism for the coin.

Additionally, the rising activity in the meme coin sector has added further momentum to the growth. Zhao referred to this trend as a «season of funny coins» on BNB.

The launchpad Four.meme for meme coins on the 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.

According to Bubblemaps, over 100,000 on-chain traders joined the wave of coin launches on Four.meme, with around 70% of them making profits.

At the time of writing, BNB is trading around $1300, having gained 8.1% in the last 24 hours, according to CoinGecko.

Lastly, analysts at XWIN Research Japan have elucidated the reasons behind BNB’s rise. They believe that the cryptocurrency’s rally reflects a structural recovery for Binance and a deepening integration between the exchange and traditional finance (TradFi).