BNB, or Binance Coin, is the native cryptocurrency of the Binance platform, one of the largest and most popular cryptocurrency exchanges globally. Initially launched as an ERC-20 token on Ethereum, BNB has transitioned to its own blockchain, known as Binance Chain. Its primary use cases include ¹ ²:

- *Paying trading fees*: Users can enjoy discounts and incentives by using BNB to pay for fees on the Binance exchange.

- *Governance*: BNB holders can participate in on-chain governance, voting on proposals that shape the development and future of the ecosystem.

- *Staking*: Users can stake BNB to contribute to network security and earn rewards.

- *Transaction fees*: BNB is used to pay for transactions on the BNB Smart Chain (BSC) and opBNB Layer-2 solution.

*Current Price and Market Performance*

The current price of BNB is around $783.69-$805.86 USD, with a 24-hour trading volume of $3.61 billion-$4.50 billion USD. BNB has experienced a -1.32% to +5.85% change in the last 24 hours and a +7.36% to +16.21% change over the past 7 days ³ ⁴ ⁵.

*Key Statistics*

- *Market Capitalization*: $109.15 billion-$120.016 billion

- *Circulating Supply*: 139.28 million-148.93 million BNB

- *Total Supply*: 200 million (initial issuance)

- *Maximum Supply*: 100 million (target supply after burn)

*Future Prospects*

BNB's future prospects look promising, with potential price predictions ranging from $642.16 to $858.88 in 2025 and $2,768.57 by 2035. The BNB Chain's ongoing upgrades, including faster transactions and AI integration, are expected to drive adoption and growth ⁵ ².$BNB