$BNB As of July 23, 2025, here's a brief overview of $BNB (BNB Coin):

🔹 Current Overview

Token Name: BNB (Build and Build)

Blockchain: Binance Smart Chain (BSC) + BNB Beacon Chain

Utility: Exchange fees, DeFi, NFT, token sales, staking, and gas fees

Issuer: Binance

🔸 Key Features

Utility Token

Discounts on Binance trading fees

Payment in Binance Launchpad/Launchpool

Used as gas on BNB Smart Chain

Deflationary Tokenomics

Quarterly burn via Binance profits

Auto-Burn Mechanism ensures reduced supply

Target supply: 100 million BNB

Dual Chain Architecture

BNB Beacon Chain (governance, staking)

BNB Smart Chain (EVM-compatible, smart contracts)

Ecosystem Integration

Used in DeFi platforms, NFT marketplaces, and Web3 apps

Cross-chain compatibility with BNB Greenfield, opBNB

📊 Market Snapshot (approximate; verify for latest)

Price: ~$580 – $600

Market Cap: ~$90B+

Rank: Top 5 globally

24h Volume: ~$1.2B

Circulating Supply: ~153 million BNB

🔥 Recent Trends (2025)

Binance Turns 8: Heavy marketing, new ecosystem partnerships

BNB Greenfield Growth: Decentralized data storage adoption

opBNB Expansion: Layer 2 scaling improvements

BNB Chain DeFi TVL: Rising again after slump in 2023–24

Regulatory Adaptation: Binance improving KYC & compliance

🧠 BNB Use Cases

Trading fee savings

NFT payments (e.g., on OpenSea, Binance NFT)

Staking for yield