BNB has reached a new record high of $1,300, a milestone that CEA Industries CEO David Namdar attributes to the cryptocurrency's strong fundamentals. Namdar, whose company holds the largest BNB treasury, emphasized that this surge is not an anomaly but a reflection of BNB's growing credibility and utility in the market. He described BNB as the "most overlooked blue chip," noting its increased network throughput, rising active user base, and steady growth in DeFi and gaming sectors.
According to DefiLlama, BNB Chain's total value locked (TVL) is $8.66 billion, ranking it as the third-largest blockchain. The network recently recorded 2.52 million active users and over 20.7 million transactions in a single day, underscoring its expanding ecosystem and market recognition.
BNB Hits Record High, CEO Highlights Its 'Blue Chip' Status
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