$BNB

The current price of Binance Coin (BNB) is approximately $688.84 USD, with a 24-hour trading volume of around $2.12 billion USD and a market capitalization of $99.20 billion USD. It has a circulating supply of about 140.89 million BNB out of a maximum supply of 200 million BNB. The price is down 0.09% in the last 24 hours but has risen 11.38% over the past week and 15.49% over the past month. BNB reached an all-time high of $794.30 USD on December 4, 2024, and its lowest price was $0.50 USD on November 6, 2017.

BNB is the native cryptocurrency of the Binance ecosystem, initially launched as an ERC-20 token on Ethereum in July 2017 before migrating to the BNB Chain. It serves multiple purposes, including paying for trading fees on the Binance exchange (with discounts), transaction fees on the BNB Chain, staking, and participating in token sales. Binance conducts regular token burns to reduce the total supply, with over 38.68 million BNB burned as of July 2022, aiming to halve the initial 200 million supply to 100 million BNB, which can support price appreciation.

Recent sentiment on X highlights BNB Chain’s growth, with a $2.1 billion increase in stablecoin supply in just a few days, positioning it as a top chain for decentralized exchange (DEX) volume, daily active users (DAUs), and transactions. However, some posts note market volatility, with BNB being outperformed by coins like Solana (SOL) in market cap recently.

For real-time updates or to buy BNB, you can check platforms like Binance, CoinGecko, or CoinMarketCap. Note that cryptocurrency prices are highly volatile, and you should conduct thorough research before investing.