Odaily News NDV co-founder Christian2022.eth wrote on X: "Since October, I have successively built up a position of more than 8 million US dollars in BNB. I believe that in the second half of the bull market, BNB and ETH will make up for the rise and lead. Some logic: 1. BNB's basic disk is composed of a huge amount of cash repurchases on the main site and new listings on Launchpool. Although on-chain asset trading has become the main theme this year and has divided a certain CEX market, it can be seen from the recent listing that Binance's wealth effect is still difficult to shake. 2. The sluggishness of Layer2 and some governance tokens proves that pure narratives are not feasible, so the price has returned more to the public chain Gas coin represented by SOL, which is the strongest coin holding scenario. BNB Chain, as one of the public chains with the strongest user and capital scale, just lacks market hotspots and emotions. 3. The popularity of the BNB chain will only be late but not absent. It can be seen that the prosperity of the chain has also improved significantly compared to a few months ago. In addition to analyzing the current situation, holders of coins must also preset the future. Currently, European and American Holders hold BNB The proportion is still very low, but with the occurrence of wealth effect, more people will embrace BNB. The success of this round of Solana is mainly due to the combination of Eastern and Western consensus and buying. At present, it is observed that the major holders of BNB are still mainly Asian funds, but it also means potential and room for growth. 4. Risk points: The wealth effect of Launchpool's VC coins has declined, the ecology of BNB Chain has been delayed due to lack of support, the MEV problem on the chain has not been solved, and there are compliance issues. "