The BNB reached a new all-time high (ATH) on August 22, 2025, hitting $899.77. Despite a slight correction afterward, its value remains strong.
It is very important to hold BNB as it provides:
1. Rewards and benefits: It allows you to participate in programs like Binance Launchpool and Launchpad to acquire new tokens and generate passive income through staking or products like Binance Earn.
2. Discounts on fees: It is an effective way to reduce transaction costs on the Binance platform.
3. Utility in the ecosystem: It serves as an essential token to pay fees on the BNB Smart Chain (formerly BSC) and in the wide ecosystem of decentralized applications (dApps).
