Binance Coin (BNB) is a cryptocurrency created by the Binance exchange to facilitate transactions and reduce fees on its platform. As of March 23, 2025, BNB is priced at approximately $623.33.
Recently, Binance conducted its 24th quarterly BNB token burn, permanently removing 1.99 million BNB (valued at over $484 million) from circulation. This process aims to decrease supply and potentially increase the value of remaining tokens.
Additionally, Binance has resumed operations in India after paying a $2.25 million fine for previous non-compliance issues. The exchange has also integrated USDT on the TON network, enhancing liquidity and accessibility for users.
These developments reflect Binance's ongoing efforts to expand its services and strengthen the BNB ecosystem.
For a visual representation of BNB's current price trends, please refer to the following chart:
