CEA Industries Total BNB Holdings Rise to 480K as Token Hits Record High

CEA Industries (BNC) has revealed it now holds 480,000 BNB tokens, a 15% increase from a previous disclosure, as the price of the BNB Chain’s native token rises to a new all-time ￰0￱ company spent about $412.8 million to acquire the additional BNB at an average price of $860 per token, according to a Tuesday press ￰1￱ is currently trading at $1,303, down just a bit from a r ecord high hit earlier in the ￰2￱ with $77.5 million in cash, the firm’s total treasury is now near the $700 million ￰3￱ price of BNB has increased as activity on its blockchain has ￰4￱ from TokenTerminal shows it recorded 58 million monthly active addresses in ￰5￱ of that growth has been linked to Aster, a new decentralized exchange that has seen its total value locked surge rapidly past $2.4 billion, according to DeFiLlama , while its trading volume for the month is near $200 billion.

BNB’s rise is also bolstered by technical integrations, specifically a new partnership with Chainlink to bring ￰6￱ data ￰7￱ Industries says it plans to accumulate 1% of the total BNB supply by the end of the ￰8￱ are higher by 7% in Tuesday's trade.