$BNB BNB is the native cryptocurrency of the BNB Chain ecosystem, originally launched by Binance in 2017 as Binance Coin. Initially used to pay trading fees on the Binance exchange at discounted rates, BNB has evolved into a multi-utility token powering the BNB Smart Chain and BNB Beacon Chain. It is used for transaction fees, DeFi applications, NFT marketplaces, and token launches. BNB has a capped supply, with regular coin burns reducing circulation to increase value. Fast, low-cost, and scalable, BNB supports smart contracts and decentralized applications, making it integral to one of the world’s most active blockchain ecosystems
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