$BNB

BNB (Binance Coin) is the native token of Binance, the world’s largest crypto exchange. Initially an ERC-20 token, BNB now powers the **BNB Chain**, including **BSC (BNB Smart Chain)** for fast, low-cost transactions and **Greenfield** for decentralized storage. BNB is used for trading fee discounts, staking, DeFi, and governance. Binance conducts quarterly **BNB burns**, reducing supply and increasing scarcity. Despite regulatory challenges, BNB remains a top crypto by market cap, backed by Binance’s ecosystem growth in DeFi, NFTs, and Web3. Future developments include Layer 2 scaling, cross-chain interoperability, and broader utility, making BNB a key player in blockchain adoption.