$BNB

Binance Coin ($BNB) is the native cryptocurrency of Binance, one of the world’s largest crypto exchanges. Initially launched on Ethereum as an ERC-20 token, it later migrated to Binance’s own blockchain, BNB Chain. $BNB is widely used for transaction fees, trading, and payments within the Binance ecosystem. It also powers Binance Smart Chain (BSC), enabling decentralized applications (dApps) and smart contracts. Binance conducts periodic BNB burns to reduce supply and increase scarcity. $BNB holders benefit from trading fee discounts and participation in token sales. With strong utility and demand, $BNB remains a top cryptocurrency by market capitalization. However, regulatory scrutiny and market fluctuations can impact its price and adoption, making it important for investors to stay informed.