Binance Coin (BNB) is a well-known cryptocurrency introduced by the Binance exchange in 2017. It is the native token of the Binance ecosystem and is used for various purposes, such as paying trading fees, transactions on the BNB chain, and other financial services.
📊 Current price and market cap of BNB
Current price (May 19, 2025): Approximately $640.50
Market cap: Approximately $90.23 billion
24-hour trading volume: Approximately $1.69 billion
Circulating supply: Approximately 140.89 million BNB
🔮 Price predictions for 2025
According to various analysts, the potential estimates for BNB's price in 2025 are as follows:
Binance: $638.55
Changelly: Between $550.01 and $613.16
CoinCodex: Between $431.07 and $982.72
CoinStats: Up to $1,292
🧩 Uses of BNB
Payment of fees on the Binance exchange: Using BNB grants a discount on trading fees.
Transactions on the BNB chain: BNB is used to pay gas fees on the BNB chain.
Financial services: BNB can be used for loans, investments, and other financial services.
BNB burning mechanism: Binance periodically burns BNB tokens to reduce the total supply, which stabilizes the price.
⚠️ Risks and precautions
Market uncertainty: Volatility is common in the crypto market, so thorough research is essential before investing.