Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, one of the world’s largest crypto exchanges. Launched in 2017, BNB initially operated on Ethereum but later migrated to Binance’s own blockchain, BNB Chain. It powers various use cases, including trading fee discounts, token sales, DeFi, and NFT platforms. BNB also plays a key role in smart contracts, staking, and gas fees on BNB Smart Chain. In 2025, BNB remains a top 5 cryptocurrency by market cap despite market volatility and regulatory scrutiny. Binance regularly conducts token burns to reduce BNB’s total supply, aiming to boost its value. With expanding real-world applications and strong exchange support, BNB continues to be a major player in the crypto space.
