Binance Founder CZ Clarifies BNB Trade Activity and Market Strategy

On October 12, Binance’s founder Changpeng Zhao confirmed via X that BNB lacks market makers, highlighting its deflationary nature and community-driven development.

Zhao’s statements underscore investor confidence, bolstering BNB’s standing amid market volatility and emphasizing Binance’s focus on ecosystem sustainability.

CZ’s Assurance on BNB’s Community-Driven Model

BNB’s lack of market makers and recent trading activity by affiliated entities was addressed by Binance founder Changpeng “CZ” Zhao on the X platform. CZ stated that BNB’s growth relies on builders and community support rather than market manipulation. CZ stated, “Many projects have market makers. BNB doesn’t. As far as I know, none of my affiliated entities have traded BNB in recent days or weeks. BNB has builders, BNB has community, BNB is deflationary.

CZ’s confirmation came amid heightened speculation about potential market practices. He emphasized BNB’s deflationary model, highlighting Binance’s commitment to organic growth. The community, generally supportive, has engaged widely in discussions, bolstering the positive sentiment around BNB’s recent price resilience.

Analyzing BNB’s Deflationary Impact on Price

Did you know? BNB’s deflationary model, underscored by consistent quarterly burns, contrasts with many cryptocurrencies that rely on token inflation, ensuring continuous scarcity and price support.

According to CoinMarketCap, BNB trades at $1,287.32 with a market cap of approximately $179.17 billion as of October 12, 2025. It experienced a significant increase of 12.35% in the past 24 hours. The trading volume rose 16.42% to $10.04 billion. Over the past 90 days, BNB has shown an 86.27% price appreciation.

Coincu research suggests BNB’s resilience is largely attributed to its deflationary model and community support, echoing CZ’s strategy for sustainable growth. The analysis further indicates potential long-term strength in maintaining diminished supply pressures, particularly under volatile market conditions.