$BNB

Here’s a concise 100-word overview of **BNB**:

BNB (Binance Coin) is the native cryptocurrency of the **BNB Chain** ecosystem, initially launched by Binance in 2017. It powers transactions, smart contracts, and fee discounts on Binance’s platforms. With a **circulating supply of 139.3M** (70% of max supply), BNB’s price as of July 24, 2025, is **$773.27 (USD)** or **R$4,273.66 (BRL)**, reflecting a **35.4% yearly increase**. It fuels decentralized applications (dApps) on BNB Smart Chain, an **EVM-compatible** blockchain known for low fees and high speed. BNB also supports governance, staking, and quarterly token burns to reduce supply. Its market cap exceeds **$107B**, ranking it among the top cryptocurrencies globally.