$BNB $BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, initially built on Ethereum and now running on the BNB Chain. It powers various use cases, including trading fee discounts on Binance, transaction payments, staking, and participation in token launches. BNB plays a central role in decentralized applications, DeFi platforms, and NFT marketplaces built on BNB Chain. Its deflationary model, with regular token burns, helps reduce supply and potentially boost value over time. As one of the top cryptocurrencies by market cap, $BNB continues to drive innovation and adoption across the blockchain and Web3 landscape.
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