BNB: Powering the Binance Ecosystem**
**What is BNB?**
BNB is Binance’s native cryptocurrency, initially launched for discounted trading fees. It now fuels transactions, staking, and governance across Binance’s expanding ecosystem.
**BNB’s Utility**
Beyond exchanges, BNB powers Binance Smart Chain (BSC), enabling low-cost DeFi, NFTs, and dApps. Holders access exclusive token sales and rewards.
**Market Position**
As a top 5 crypto by market cap, BNB’s value reflects Binance’s dominance and blockchain innovation. Its deflationary burn mechanism enhances scarcity.
**Future Prospects**
With Binance driving Web3 adoption, BNB’s role in decentralized infrastructure and cross-chain interoperability positions it as a long-term crypto staple.