Binance Founder CZ Addresses BNB’s Recent Strong Price Performance, Says It Has No Market Makers

Paul
3 hours ago
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Binance coin stands before trading charts showing market growth and price strength.

Highlights

  • According to CZ, the builders, community, and deflationary model are the causes of growth for BNB.
  • Following the latest crypto market crash in the market, analyst remarked that BNB is insanely strong.
  • Supporters say BNB’s stability shows strong foundations and confidence in Binance ecosystem.

Binance founder CZ has explained why BNB has had positive price performance in comparison to most other cryptocurrencies. His remarks followed BNB’s price remaining above $1,100 despite Friday’s crypto market crash.

CZ Emphasizes BNB’s Organic Growth

CZ stated that while many projects depend on external market makers to support prices, BNB’s ecosystem stands apart. “Many projects have a market maker. BNB doesn’t,” he wrote on X. He also clarified that none of his affiliated entities had bought or sold BNB in recent weeks, reinforcing confidence that the token’s movement is entirely market-driven.

His comments reflect exchange’s consistent focus on market integrity and user protection. This was recently seen when Binance pledged compensation after the USDe depeg.

The Binance founder highlighted that the success of BNB comes from its builders, community, and deflationary design. According to him, these three pillars form the basis of growth for BNB. They help it to remain stable even when the entire market undergoes correction.

“BNB has builders, BNB has community, BNB is deflationary,” CZ said. The Binance founder stressed that the ecosystem’s health does not rely on manipulation or intervention. BNB’s recent price movement supports his statement.

Analyst Says BNB is ‘Insanely Strong’

BNB price traded above $1,130, gaining over 10% in 24 hours while other altcoins struggled. BNB’s ability to stay strong during volatility reflects genuine market demand and user engagement. CZ reacted to Prominent trader Altcoin Sherpa’s post who described BNB as “insanely strong.”

Sherpa noted that the move surprised him despite the broader market bounce. The analyst explained that while most major cryptocurrencies were recovering, BNB’s outperformance stood out across the market. He added that this strength confirmed the BSC ecosystem remains one of the most active and reliable spaces in the current cycle.

Community Praise BNB’s Stability as Proof of Strong Foundations

CZ also reacted to a post by analyst Jason Appleton, who highlighted how BNB was barely affected during the latest crypto market crash. Appleton showed the token holding firm above $1,130. CZ replied saying that “fudders even try to make this sound like a bad thing,” reinforcing that stability should be seen as strength.

Community voices quickly echoed that sentiment. Influencer Eljaboom said BNB’s stability proves that the ecosystem has deep foundations and has been built through years of consistent development.

He noted that even when CZ was in the United States, the token remained unaffected, crediting the strong community infrastructure behind Binance. Eljaboom added that “BNB and Aster are SAFU and everything will be just fine.”

Supporters like EnHeng said that BNB is central to his personal wealth and all related ecosystem efforts. He explained that every project, such as Binance, Aster, and FourMeme ultimately contributes value back to the BNB network. CZ responded with a thumbs-up emoji, signaling his agreement.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.