#Alpha2.0ProjectEvaluation Binance Coin) is the native cryptocurrency of the Binance ecosystem, and its "power" or utility comes from its multiple use cases, strong ecosystem backing, and growing adoption. Here are the key factors that contribute to BNB's influence and value:
1. Utility Within Binance Ecosystem
Trading Fee Discounts: BNB can be used to pay for trading fees on Binance with a discount (though this has been reduced over time).
Binance Smart Chain (BSC): BNB is the primary gas token for BSC, a popular blockchain for DeFi, NFTs, and dApps.
Launchpad Participation: Holding BNB allows users to participate in token sales on Binance Launchpad.
2. BNB Chain (BSC + BNB Beacon Chain)
High-Speed, Low-Cost Transactions: BSC is an Ethereum competitor, offering faster and cheaper transactions.