🔹 Basic Information:

Ticker: BNB

Blockchain: Initially issued as an ERC-20 token on Ethereum, but later migrated to Binance Chain and BNB Smart Chain (BSC).

Use Cases:

Trading fee discounts on Binance

Payment for transaction fees on BNB Chain

Staking and liquidity provision

Paying for goods/services (via Binance Pay or partners)

Token sales on Binance Launchpad

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🔹 Tokenomics:

Total Supply: Originally 200 million BNB

BNB Burn: Binance conducts quarterly token burns, reducing supply over time. The goal is to eventually burn 100 million BNB (50% of total supply).

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🔹 Price Performance:

As of July 2025:

Current price: ~$570–$600 (fluctuating with the crypto market)

All-Time High (ATH): ~$690 in May 2021

Market Cap: Among the top 5 cryptocurrencies by market cap