$BNB BNB (Binance Coin) is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. Launched in 2017, BNB initially operated on the Ethereum blockchain before migrating to Binance Chain. It serves multiple purposes, including paying for transaction fees on Binance, participating in token sales, and facilitating decentralized applications. BNB also powers the Binance Smart Chain (BSC), a blockchain supporting smart contracts and decentralized finance (DeFi). With a capped supply of 200 million coins, BNB has seen significant adoption due to its utility and Binance's ecosystem growth. Its value is influenced by market trends and Binance's performance.$BTC
