PANews reported on October 12 that according to cointelegraph, David Namdar, CEO of CEA Industries, the largest BNB treasury company, said that BNB's recent breakthrough of $1,300 to set a new record high was not an "unexpected result or a rare peak", but demonstrated the credibility of the network.

Namdar called BNB "the market's most overlooked blue chip," and believes its recent surge reflects a breakthrough in fundamentals that have been undervalued for years. "The market is waking up and recognizing the credibility, scale, and utility of the BNB ecosystem," he said, citing the BNB chain's increased throughput, growth in active users, and steady development in DeFi and gaming.

According to DefiLlama data, BSC’s total value locked (TVL) currently stands at $8.66 billion, making it the third-largest blockchain. In the past day, the network saw 2.52 million active users and over 20.7 million transactions.