$BNB The Binance Coin ($BNB) has become one of the most influential cryptocurrencies in the market. Initially launched in 2017 as an ERC-20 token on the Ethereum network, BNB later migrated to Binance’s own blockchain, the BNB Chain. It serves multiple purposes, including reducing trading fees on Binance, participating in token sales, and powering decentralized applications. Over the years, BNB has seen tremendous growth in both value and utility. Investors and traders closely watch its market movements, especially when major updates or ecosystem expansions are announced. With its strong adoption, $BNB remains a key asset in the crypto industry.