$BNB Core Functions

• Transaction Fee Discount: Paying fees with BNB on Binance can enjoy a discount of 25%-90% (recently CZ announced a 90% cut in on-chain fees).

• BSC Eco Fuel: Serving as the payment currency for Gas fees on Binance Smart Chain (BSC), supporting over 100,000 on-chain applications, DeFi, and NFT projects.

2. Price Drivers

• Deflationary Model: BNB is burned quarterly based on trading volume (2.579 million BNB was burned in April 2025, gradually reducing the total supply to 100 million).

• Institutional Layout: The filing of the VanEck BNB ETF triggered a 42% surge in trading volume, with Standard Chartered predicting it could reach $2,775 by 2025 (an increase of over 360%).