Binance’s native cryptocurrency, BNB, has hit a milestone that few would have predicted just a year ago.
With its market value climbing to nearly $142 billion, BNB now ranks as the 155th largest asset globally, edging out tech giant Intel, whose capitalization stands at $138 billion, according to data from 8market.
The surge was driven by BNB’s price rally above $1,020, which also had a dramatic effect on the fortune of Binance founder Changpeng Zhao. Forbes previously estimated Zhao’s personal holdings at 89.1 million BNB. At current valuations, those holdings are worth close to $91 billion, making him one of the wealthiest figures in crypto.
A Portfolio Dominated by BNB
While blockchain records show Zhao’s wallets contain other assets, most of them are meme tokens sent unsolicited by developers hoping to attract attention. Among them are tokens like SHORT, SIREN, QUQ, and JANITOR — holdings that appear large in unit count but negligible in terms of real market depth or credibility.
BNB remains the only token Zhao is known to actively own and endorse. Analysts caution that inflated supply figures for these so-called “gifting coins” make their true value difficult to gauge.
Growing Influence in Global Asset Rankings
BNB’s climb past Intel reflects a broader trend in which top cryptocurrencies are beginning to appear alongside traditional corporate titans in global market cap tables. While volatility remains far greater than in equities, the comparison underscores the growing weight of digital assets in the world economy.
For Binance and Zhao, the milestone is symbolic of how far crypto has come — and how quickly its leaders can see their fortunes swell when prices accelerate.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/bnb-market-cap-surges-past-intel-as-token-tops-1020/