$BTC Binance Coin (BNB) is the native cryptocurrency of the Binance exchange, launched in 2017. Initially created as a utility token for discounted trading fees, BNB has evolved into a multi-purpose asset powering the Binance Smart Chain (BSC), decentralized applications, and staking rewards. It is widely used for payments, transaction fees, and token burns, enhancing its scarcity and value. With a market capitalization exceeding billions, BNB remains a dominant force in the crypto ecosystem, supporting DeFi, NFTs, and cross-chain interoperability. Its strong adoption and continuous development position it as a key player in the blockchain industry.