$BNB The BNB Chain is a blockchain ecosystem developed by Binance. It consists of two main chains:

* **BNB Beacon Chain:** Handles staking and governance of the BNB token.

* **BNB Smart Chain (BSC):** Supports smart contracts and decentralized applications (dApps).

BSC is EVM-compatible, meaning it can run Ethereum-based dApps. It's known for faster transaction times and lower fees compared to Ethereum.

The BNB Chain is used for various purposes, including trading, DeFi, gaming, and NFTs. Its native token, BNB, has multiple uses within the ecosystem, such as paying transaction fees and participating in governance.