$BNB (Binance Coin):

BNB, or Binance Coin, is the native token of the Binance ecosystem. Initially launched as a utility token to pay fees on the Binance exchange, BNB has significantly evolved. Its utility has expanded to include the payment of transaction fees on Binance Smart Chain (BSC), now known as BNB Chain, a blockchain that supports smart contracts and decentralized applications (dApps). Additionally, BNB is used to participate in token sales on Binance Launchpad, book hotels and flights, and make online purchases. The quarterly burning of BNB, where Binance destroys a portion of the circulating tokens, has also contributed to its value by reducing supply. With its growing adoption and utility within the Binance ecosystem, BNB has established itself as one of the leading cryptocurrencies in the market. $BTC