BNB is currently trading at around $689-$693, with a 2.80-3.04% increase in the last 24 hours. Its market capitalization is approximately $96-$100 billion, ranking #5 among cryptocurrencies. The 24-hour trading volume is around $1.6-$2.2 billion, indicating a recent rise in market activity
*Key Statistics:
- *Current Price*: $689-$693
- *Market Capitalization*: $96-$100 billion
- *Ranking*: #5 among cryptocurrencies
- *24-hour Trading Volume*: $1.6-$2.2 billion
- *Circulating Supply*: 139-150 million BNB
BNB is the native cryptocurrency of the BNB Chain ecosystem, powering its Web3 environment and supporting transactions on the BNB Smart Chain. It also serves as a governance token, allowing holders to participate in decentralized on-chain governance. Initially launched as Binance's exchange token, BNB has evolved into a foundational asset with various use cases.
