BNB price has surged to a new all-time high of $1,350, demonstrating strong recovery after a recent market crash. This surge is attributed by Binance founder Changpeng Zhao (CZ) to the active development community and deflationary tokenomics behind the Binance ecosystem. 24 hours saw an impressive 17% gain in BNB’s value, surpassing its previous lows around $1,090 during the recent market downturn. This impressive rally has seen investors reap significant gains as BNB outperformed other major cryptocurrencies including Bitcoin and Ethereum. CZ attributes this growth to organic development from the community and builders rather than external market influence. He clarifies that Binance doesn’t rely on market makers for liquidity, unlike many other projects, emphasizing a unique approach focused on self-sustaining trading activity. This deflationary model is a key factor driving BNB’s price appreciation and future stability. CZ acknowledged the strong momentum in the Binance ecosystem, highlighting the community’s contribution to its success.