Zhao Advises Holding BNB, Which Has Overtaken Nike in Market Cap
Issued by the exchange Binance kriptovalyuta BNB (BNB) has overtaken Nike in terms of market cap, leading former trading platform CEO Changpeng Zhao to recommend HODLing the digital asset.
During the latest bull run that began on August 3, BNB’s price increased by 18%, nearly surpassing its peak of $861,3 in late July. The upward trend has pushed BNB’s market cap to $117,91 billion, putting it ahead of Nike, which is valued at $110,61 billion.
BNB in the ranking of organizations and assets with the highest level of capitalization
In response to this news, Changpeng advised his followers to hold BNB. It is clear that Zhao believes in a continuation of the bullish rally, which will take the cryptocurrency to previously unattainable heights.
Earlier this week, employees of the investment company Hash Global published a report in which they predicted the price of BNB to rise to $2,039 in the long term. The digital asset currently costs $854,1, meaning that analysts predicted a 139% increase in the coin’s rate.
“The previous forecasts were quite accurate,” Zhao said, commenting on the figures released.
Hash Global believes BNB has a lot of potential because the blockchain it is released on is actively used, the ecosystem is growing rapidly, and the model behind the network is designed to gradually reduce the cryptocurrency’s circulating supply, similar to Ethereum, which has been reduced by about 20,000 since May 1, 2025.