$BNB BNB Chain, previously known as Binance Smart Chain, is a blockchain platform developed by Binance. Its goal is to provide high-performance infrastructure for decentralized applications (dApps) and cryptocurrency transactions. It offers low transaction fees and fast processing times, making it popular among developers and users. The BNB Chain supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM), allowing for easy migration of dApps from Ethereum.