$BNB
The current price of Binance Coin (BNB) is approximately $688.84 USD, with a market cap of around $99.20 billion USD, making it one of the top cryptocurrencies by market capitalization. In the last 24 hours, BNB has seen a trading volume of about $1.89 billion USD and has experienced a slight decrease of around 0.78% in value. Over the past week, BNB has risen by approximately 2.79%, and over the last year, it has increased by about 12.74%. Its all-time high was $793.86 USD on December 4, 2024, and its all-time low was $0.50 USD on November 6, 2017.
BNB is the native token of the Binance ecosystem, used for paying transaction fees on the Binance exchange (with discounts), staking, and participating in token sales. It operates on the BNB Chain, which supports smart contracts and decentralized applications (dApps). Binance conducts regular token burns to reduce the total supply (initially 200 million, now around 140.89 million in circulation), which can support price stability. Recent posts on X highlight strong activity on the BNB Chain, with over 8.8 million transactions and $1.89 billion in volume in a single day, indicating robust ecosystem growth.
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