The following argument is not a proof, but it may be converted to a proof. We will write $0,1$ for the binomial coefficients taken modulo $2$, and use tautologically the two colors $0$ and $1$ to color the coefficients.
The coefficients are considered as elements of the field $\Bbb F_2$.
Most of the time we use only its additive structure, i.e. the underlying abelian group structure $\Bbb Z/2$, but at some point I want to use the Frobenius morphism in characteristic two.
The line number zero in the Pascal triangle is simply
$$1$$
but it may be useful to think it as
$$
\dots\
0\
0\
0\
0\
0\
0\
1\
0\
0\
0\
0\
0\
0\
\dots
$$
or as
$$
\dots\
0\
0\
0\
0\
0\
0\
\color{red}{\blacktriangle}\
0\
0\
0\
0\
0\
0\
\dots
$$
It corresponds to $(1+x)^0$. Recall that the $n$-th row corresponds to the coefficients of $(1+x)^n$.
For $n=2$, let $N=2^2$ and build the Pascal triangle over the field $\Bbb F_2$ up to row number $2^n-1 = N-1 = 3$:
0: 1
1: 1 1
2: 1 0 1
3: 1 1 1 1
The last line is a line of ones since
- it corresponds to the coefficients of $(1 + x)^3$ modulo 2, and
- the next line (line number $N = 2^n = 4$ in this case) corresponds to the coefficients of $(1+x)^{2^n} = 1^{2^n} + x^{2^n}$ modulo 2, so there survive only two extremal
1 values (leftmost and rightmost) and all other coefficients are zero modulo 2.
This works for general $n$. Notice that if we know line $N$ then there is only one possible configuration of this line for line $N-1$ to be a line of only 1s.
Now, put a white $\nabla$ over the only 0 entry and three $\blacktriangle$ over the 1 entries over the Pascal triangle drawn above, so that it looks like
$$\blacktriangle\\
\blacktriangle\nabla\blacktriangle
$$
and compare it with the second triangle in Sierpinski triangle evolution.
As mentioned before, the next line (line number $2^2=4$) is a line with just two 1 entries and the rest are $0$. Here is a picture:
0: 1
1: 1 1
2: 1 0 1
3: 1 1 1 1
4: 1 0 0 0 1
And it is useful to think about it like:
$$
\color{red}{\blacktriangle}\\
1\ 1\\
1\ 0\ 1\\
1\ 1\ 1\ 1\\
\color{red}{\blacktriangle}\ 0\ 0\ 0\ \color{red}{\blacktriangle}
$$
Now we play again the "game of life", where a 1 bit gives life to the diagonally-placed entries in the next row. If two 1 entries "interfere" in the same diagonally-placed entry in the next row, the result is a 0 (the sum modulo 2).
Then the game works for the two $\color{red}{\blacktriangle}$ entries in the last row, as it worked for the upper $\color{red}{\blacktriangle}$, of course until they interfere. We know exactly where the interference is: one step before the usage of the next Frobenius power, $(1+x)^8 \equiv 1+x^8 \mod 2$; the step previous to this row is at $(1+x)^7 \equiv 1 + x + x^2 + \dots + x^7 \mod 2$.
We have the following situation, where the last row corresponds to the coefficients of $(1+x)^7$ modulo 2:
0: 1
1: 1 1
2: 1 0 1
3: 1 1 1 1
4: 1 0 0 0 1
5: 1 1 0 0 1 1
6: 1 0 1 0 1 0 1
7: 1 1 1 1 1 1 1 1
Now place a white $\nabla$ on the zero entries in the middle, so that the upper bar of $\nabla$ corresponds to the zero entries in the row $1\ 0\ 0\ 0\ 1$, and compare with the next picture in loc. cit. - we have reached the next stage. The next line is again a $1\ 0\ 0\ \dots\ 0\ 0\ 1$ line, and its picture is:
$$
\color{red}{\blacktriangle}\\
1\ 1\\
1\ 0\ 1\\
1\ 1\ 1\ 1\\
1\ 0\ 0\ 0\ 1\\
1\ 1\ 0\ 0\ 1\ 1\\
1\ 0\ 1\ 0\ 1\ 0\ 1\\
1\ 1\ 1\ 1\ 1\ 1\ 1\ 1\\
\color{red}{\blacktriangle}\ 0\ 0\ 0\ 0\ 0\ 0\ 0\ \color{red}{\blacktriangle}
$$
The extremal $1$ values in the last row will suffer now the same copy+paste operation from the upper vertex, and we get a bigger $\nabla$ in the middle, we see the upper line of the white $\nabla$ in the last row, and the copy+paste game goes on...
The inductive construction above shows a self-similarity of the "picture" from one step ($N=2^n$) to the next one ($2N=2^{n+1}$), and it is natural to expect a self-similarity in the limit (after a rigorous definition of the limit.) Note that the construction above is parallel to the construction of the Sierpinsky triangle.)
If it is really needed for a special purpose, I may try to become analytic, and establish an analytic formula for points, using their $2$-adic coordinates in the barycentric coordinates of the points inside the Sierpinski triangle - in the level $N$ and in the limi (It is hard to write it down, and the proof of the convergence will not be intuitive.)