$BNB BNB, formerly known as Binance Coin, is the native cryptocurrency of the BNB Chain ecosystem. Initially launched in 2017 as a utility token for the Binance exchange, BNB has evolved to power various applications across different platforms.
As of January 24, 2025, BNB is trading at approximately $689.94. Over the past 24 hours, it has experienced a slight increase of about 0.34%. The current market capitalization stands at approximately $97.87 billion, with a 24-hour trading volume of around $1.94 billion.
BNB plays a crucial role in the BNB Chain ecosystem, serving as a utility token for transaction fees, participation in decentralized applications (dApps), and governance activities. Developers and users leverage BNB for various purposes within this ecosystem.
Please note that cryptocurrency markets are highly volatile. For the most current information, consider checking reputable financial platforms or the official BNB Chain website.