$BNB

BNB, originally known as Binance Coin, is a cryptocurrency created by Binance, one of the world's largest cryptocurrency exchanges. Launched in 2017, BNB was initially an ERC-20 token on the Ethereum blockchain but later transitioned to Binance's own blockchain, Binance Chain. BNB has a variety of uses within the Binance ecosystem, including paying for trading fees on the exchange, participating in token sales on Binance Launchpad, and even making purchases at certain online merchants.

Over time, BNB has evolved from a utility token to a widely traded digital asset. Its value fluctuates based on supply and demand, as well as developments within the Binance platform. Additionally, Binance conducts periodic "burns," reducing the total supply of BNB to potentially increase scarcity and value. BNB’s popularity has grown, and it is now used for a range of purposes both inside and outside the Binance network.