$BNB BNB also known as Binance Coin is a native token of the Binance ecosystem and has become a cornerstone of the global crypto economy since its launch in 2017 originally built on Ethereum BNB migrated to Binance Chain and now fuels multiple platforms including Binance Smart Chain where it supports fast low cost transactions for decentralized applications staking and smart contracts BNB plays multiple roles from paying trading fees on Binance exchange to participating in token sales on Binance Launchpad and even acting as collateral in DeFi protocols the utility of BNB continues to grow as Binance expands its ecosystem into areas like NFTs GameFi and cross chain bridges making it one of the most used tokens in the digital asset space beyond the Binance ecosystem BNB has found adoption across hundreds of platforms wallets and services solidifying its position as a key infrastructure token despite market volatility BNB has shown resilience thanks to consistent demand utility and strategic token burns that reduce supply and increase scarcity the regular quarterly burns based on Binance profits show a commitment to long term value for BNB holders as the crypto space matures BNB is positioned not just as a trading token but as a multipurpose asset powering one of the largest ecosystems in blockchain technology
