$BNB BNB, or Binance Coin, is a cryptocurrency that powers the BNB Chain ecosystem. It's currently ranked #6 in the market with a live price of around $761.28 to $764.39 USD, experiencing a slight decline of 1.74% to 2.05% in the last 24 hours.
*Key Features:*
- *Market Capitalization*: $106.07 billion to $106.24 billion, indicating a strong market presence
- *24-hour Trading Volume*: $3.01 billion to $3.05 billion, showcasing significant market activity
- *Circulating Supply*: 139.28 million BNB tokens
- *Token Utility*: BNB is used for transaction fees, governance, and as a strategic reserve asset within the BNB Chain ecosystem
*Use Cases:*
- *Trading Fee Discounts*: BNB offers discounts on trading fees when used on the Binance platform
- *Governance*: BNB holders can participate in decentralized on-chain governance
- *Payments*: BNB can be used for various payments, including travel, credit card fees, and gifts
*Price Performance:*
- *24-hour Range*: $746.11 to $778.91
- *7-day Change*: +11.40% to +11.82%
- *All-time High*: $788.84 to $793.35 ¹ ² ³
