#OnChainLendingSurgebnb will reach 1000$ in this year.BNB (Binance Coin) is the native cryptocurrency of the Binance exchange, one of the world's largest cryptocurrency exchanges. Initially launched as an ERC-20 token on the Ethereum blockchain, BNB later migrated to Binance's own blockchain, Binance Chain. BNB is used to pay for transaction fees on the Binance platform, offering users discounts on fees. It also serves various other functions within the Binance ecosystem, including participation in token sales on the Binance Launchpad, and being used for staking, lending, and earning interest. BNB has become one of the most widely used and recognized cryptocurrencies in the crypto space.
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