BNB surpassed Nike in capitalization, Zhao recommends holding
The cryptocurrency BNB (BNB) issued by the Binance exchange surpassed the company Nike in terms of market capitalization, which is why the former head of the trading platform Chanpeng Zhao recommends holding digital assets. During the latest wave of the bullish trend that started on August 3, the price of BNB increased by 18% and almost exceeded the peak reached at the end of July at the mark of $861.3. Thanks to the rising trend, the market capitalization of BNB reached $117.91 billion, and by this indicator, the coin surpassed Nike, whose stock value is estimated at $110.61 billion.
In response to this news, Chanpeng advised his subscribers to hold BNB. Obviously, Zhao believes in the continuation of the bullish rally, which will bring the cryptocurrency rate to previously unattainable heights. At the beginning of the week, employees of the investment company Hash Global published a report, in which they forecasted the price of BNB to rise to $2,039 in the long term. Currently, the digital asset is worth $854.1, which means that analysts predicted an increase in the coin's rate by 139%.
The previous forecasts were quite accurate, — this is how Zhao commented on the announced figures.
Employees of Hash Global highly appreciate the potential of BNB, because the blockchain on which it is issued is actively used, the ecosystem is rapidly developing, and the model underlying the network suggests a gradual reduction in the circulating supply of the cryptocurrency, similar to Ethereum, whose quantity has decreased by approximately 20,000 since May 1, 2025. #Write2Earn #Write2Earn! #Binance $BNB
