$BNB

Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, including its popular exchange. Initially launched in 2017 on Ethereum, BNB transitioned to Binance Chain and later Binance Smart Chain (BSC). It's widely used to pay for transaction fees, participate in token sales, and more. With significant utility, BNB has gained popularity as a deflationary asset due to periodic coin burns, reducing its supply over time. Beyond fees, it powers decentralized finance (DeFi) platforms, non-fungible token (NFT) marketplaces, and decentralized apps (dApps). Its strong utility and Binance's dominance in the crypto market make BNB a vital part of the ecosystem.