CZ Addresses BNB’s Strength, Says No Market Maker Involvement

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.

Source: https://coingape.com/cz-addresses-bnbs-strength-says-no-market-maker-involvement/