BNB is going up on binance trading #BNB_Market_Update $BNB

BNB is the native cryptocurrency of the Binance exchange, originally launched in 2017. It started as an ERC-20 token but later transitioned to its own Binance Chain. BNB is widely used to pay trading fees, take part in token sales, and access various services within the Binance ecosystem. It also powers the Binance Smart Chain (BSC), which supports decentralized applications (dApps). To manage its supply and maintain value, Binance regularly conducts token burns. Overall, BNB plays a crucial role in driving the growth of DeFi, NFTs, and Web3 innovations across Binance platforms.