Changpeng Zhao stated that BNB has no market maker and is supported by the community

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Changpeng Zhao stated that BNB has no market maker and is supported by the community

Analysts and market participants are discussing the unique features of the cryptocurrency BNB, which demonstrates significant strength amid the volatility of the crypto market.

This is reported by Finway

Altcoin Sherpa highlights the strength of BNB and the BSC ecosystem

Well-known crypto analyst under the pseudonym Altcoin Sherpa expressed confidence in the resilience of the BNB coin. According to him, the asset stands out among major tokens as it recovers from market changes more quickly, and the Binance Smart Chain ecosystem is currently the “best place to play.”

Changpeng Zhao: BNB has no market maker

Former CEO of Binance Changpeng Zhao (CZ) noted the analyst’s statement and emphasized that none of the projects or entities associated with him have interfered with the market dynamics of BNB. He highlighted that the support for the coin comes exclusively from the active community and developers, and the BNB model is deflationary.

“Many projects have a market maker. BNB does not. I am not aware of any of the entities affiliated with me buying or selling BNB in recent days or weeks.”

Additionally, Zhao remarked that BNB remains attractive to developers and enjoys significant community support.

It is worth noting that during the massive decline of the crypto market that occurred on October 11, 2025, the price of BNB dropped to $860. However, shortly thereafter, the asset quickly regained its lost positions and is currently trading above $1250.

BNB/USDT chart on Binance. Data: TradingView.

BNB/USDT chart on Binance. Data: TradingView.

Recall that on October 7, 2025, BNB ranked third in market capitalization among cryptocurrencies, reaching an all-time high of over $1350.