$BNB BNB (Binance Coin) started as a utility token for Binance but has evolved into a major player in the crypto ecosystem. Initially launched on Ethereum, it later migrated to Binance’s own BNB Chain, which offers faster and cheaper transactions. BNB is used for trading fee discounts on Binance, staking, and participating in token sales. It also powers DeFi applications, NFT marketplaces, and smart contracts. With regular token burns reducing supply, BNB maintains strong demand. Its growth is fueled by Binance’s global influence, making it one of the most valuable cryptocurrencies. Many investors see BNB as central to the crypto future.