CEA Industries CEO: BNB is 'The Most Underrated Blue Chip in the Market'

BlockBeats News, October 12, David Namdar, CEO of CEA Industries, the largest BNB treasury company, stated that BNB recently surpassed $1,300, reaching an all-time high. This is not an 'unexpected result or rare peak,' but rather a demonstration of the network's credibility. Namdar described BNB as 'the most underrated blue chip in the market' and believes this surge reflects the long-underestimated fundamentals finally breaking through. 'The market is waking up and beginning to recognize the credibility, scale, and utility of the BNB ecosystem,' he noted, highlighting the increased throughput of the BNB Chain, growth in active users, and steady development in the DeFi and gaming sectors. According to DefiLlama data, the total value locked (TVL) on BSC currently stands at $8.66 billion, ranking as the third-largest blockchain. Over the past day, the network recorded 2.52 million active users and over 20.7 million transactions.