# BSC Chain Ecosystem Explodes as Expected: Revisiting CZ and His Ambitions in the Crypto Empire

By [Christopher](https://paragraph.com/@-christopher) · 2025-02-14

cz, bsc, meme

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On February 13, 2025, the cryptocurrency market witnessed a historic moment—BNB's price surged by 10% in a single day, reaching a high of $725, securing its position in the global top three by market cap. Meanwhile, BSC ecosystem tokens also experienced a comprehensive surge:

*   BAKE: 24-hour high of $0.3306;
    
*   BSW: 24-hour high of $0.0798;
    
*   THE: 24-hour high of $0.8868;
    
*   CAKE: 24-hour high of $3.416.
    

This surge is not only a reflection of the market's recognition of the BSC ecosystem but also a strong endorsement of CZ's return. The community widely believes that BNB will challenge the $1,000 mark within the next few months, potentially becoming the first exchange platform coin to enter the "thousand-dollar club." The era of Binance's Meme coins has officially begun, with BSC on the brink of a major explosion.

**BNB: The "Lifeblood" and Value Bond of the Binance Ecosystem**

BNB (Binance Coin) was launched in 2017 as the "fuel token" for the Binance exchange, used to offset trading fees, participate in new coin launches (Launchpad), and vote in ecosystem governance. As Binance evolved from a single exchange to a global blockchain infrastructure giant, BNB's use cases have expanded to include:

*   **Payment**: Over 6 million merchants worldwide now accept BNB for payment;
    
*   **On-chain Ecosystem**: BNB Chain (including BSC Smart Chain) has become the preferred public chain for developers, with daily transaction volumes consistently surpassing Ethereum;
    
*   **Deflationary Model**: Binance quarterly burns BNB, reducing its total supply from 200 million to 150 million, continuously enhancing its scarcity.
    

BNB is the "economic lifeline" of the Binance empire, with its price fluctuations directly reflecting the market's confidence in the Binance ecosystem.

**The Rise of Binance and CZ's Path to Becoming the Richest Chinese Crypto Tycoon**

In 2017, CZ left OKCoin to found Binance, employing a strategy of "global compliance operations + ultimate user experience." Within just four years, he propelled Binance to the throne of the world's largest exchange. In 2021, during the Bitcoin bull market, Binance's daily trading volume soared to $76 billion, catapulting CZ's personal wealth to $94.1 billion (Forbes data), surpassing Zhong Shanshan of Nongfu Spring to become the first Chinese crypto billionaire.

**The Darkest Hour: The U.S. Hefty Fine and CZ's Imprisonment**

In 2023, the U.S. Department of Justice launched an investigation into Binance for "violating anti-money laundering laws." In 2024, Binance was forced to pay a $4.3 billion fine, and CZ was sentenced to 18 months in prison for "regulatory negligence". Upon this news, BNB's price plummeted from $650 to the $200–300 range, with over 70% of its market cap evaporating. Market panic spread: "Is the Binance empire collapsing?"

**The King's Return: All Bad News Is Out, and BNB's Reversal**

In early 2025, CZ completed his sentence early and announced his "return to the crypto battlefield" with great fanfare. He posted on social media: "True innovation never yields." The market interpreted this as Binance reaching a final settlement with U.S. regulators, with the long-hanging regulatory overhang finally landing. BNB's price immediately began a "revenge rally," surging from $300 to $500 within two weeks, reigniting hopes for the $1,000 target.

**SEC's "60-Day Suspension Order" and the Test of Ecosystem Resilience**

In April 2025, the U.S. SEC suddenly required Binance to suspend its U.S. operations for 60 days to review the compliance of its "new stablecoin". Although this caused short-term price fluctuations for BNB, Binance quickly activated an emergency plan:

*   Migrating U.S. users to the independent entity Binance US;
    
*   Using BSC's on-chain DEX to meet trading demands;
    
*   Joining forces with Asian institutions to provide liquidity support.
    

The market was astonished to find that the Binance ecosystem had developed "decentralized risk resistance." After the suspension order was lifted, BNB's price not only did not fall but also broke through $700.

**Meme Mania: The TST Token and the "Pet Dog Coin" Phenomenon**

In October 2024, Binance launched its Meme coin launch platform, with the first project TST (To The Sun Token) personally endorsed by CZ. He joked in a live broadcast: "Memes are the soul of crypto culture, but don't gamble with your retirement money on dogs!" After TST went live, it soared by 3,000%, driving BSC's on-chain gas fees to record highs.

More dramatically, CZ's Belgian Malinois dog "Hachi," which he raised, was spontaneously tokenized by the community as "HACHI" and listed on Binance's innovation zone within a week. Despite the controversy, the market consensus is clear: Binance has seized the pricing power of the Meme economy.

**Future Outlook: BSC Ecosystem and CZ's Investment Ambitions**

Today's Binance has long surpassed the scope of an exchange:

*   **BSC Chain**: Hosts 40% of global DeFi protocols, compatible with EVM and with transaction fees only 1/100th of Ethereum's;
    
*   **Incubation Fund**: A $1 billion fund dedicated to investing in AI + blockchain projects;
    
*   **CZ's Ambition**: "In the next decade, I will focus on investing and make blockchain as ubiquitous as water in the real world".
    

**Investment Opportunities for Holding the Platform Coin BNB: A Guide for BNB Holders to Earn Passive Income**

**Epilogue: The "Phoenix Legend" of the Crypto World**

From regulatory crackdown to ecosystem rebirth, from billionaire status to imprisonment, the story of BNB and CZ illustrates the brutality and resilience of the blockchain industry. When technological idealism collides with a flood of capital, the Binance empire may eventually age, but the "open finance spirit" it represents will never fade. As CZ said, "We are not building a ship, but awakening an ocean".

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*Originally published on [Christopher](https://paragraph.com/@-christopher/bsc-chain-ecosystem-explodes-as-expected-revisiting-cz-and-his-ambitions-in-the-crypto-empire)*
