David Namdar: BNB Has Become the Most Interesting Cryptocurrency on the Market
David Namdar, one of the founding partners of Galaxy Digital, stated that BNB’s rise to $1,300 is “neither a coincidence nor a random spike,” but a reflection of the market’s growing trust in the network. He emphasized that Binance Coin has become one of the most interesting cryptocurrencies on the market, with a huge number of traders closely watching its movements.
According to him, BNB had previously been underestimated despite its strong fundamentals.
“The market is starting to recognize the reliability, scale, and utility of the BNB ecosystem,” Namdar told Cointelegraph.
The CEO of CEA Industries, now the largest BNB custody service, highlighted the continuous development of the Binance Chain — its increasing throughput, user base, and growing role in DeFi applications.
Currently, the network holds $8.66 billion in locked assets, making it the third-largest blockchain by this metric.
Its daily active users number around 2.5 million, with over 20 million transactions processed per day.
Namdar also pointed to the inflow of capital into BNB ETFs as one of the factors behind the price surge, but said the main driver remains the cryptocurrency’s “intrinsic strength.”
Additionally, BNB benefits from its close association with the world’s largest exchange — Binance.
See also: "Bitcoin Price Today: Rises to $115K After $19B Market Meltdown Triggered by Trump Tariffs"
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