$BNB $BNB is the native cryptocurrency of BNB Chain (formerly Binance Smart Chain) and is closely associated with Binance, one of the world's largest crypto exchanges.
🔍 Key Facts About $BNB:
Name: BNB (Build and Build)
Launch Year: 2017
Utility:
Pay for trading fees on Binance with a discount
Use in DeFi apps on BNB Chain
Token sales on Binance Launchpad
Travel bookings, virtual goods, and more
Supply:
Max Supply: 200 million
Burn Mechanism: BNB uses quarterly auto-burn and real-time burn (BEP-95) to reduce supply over time.
📊 BNB Price Overview (as of recent data):
Current Price: ~$540 (as of July 2025; check real-time charts for updates)
All-Time High (ATH): ~$690 (May 2021)
Market Cap Rank: Top 5 crypto assets by market cap
Recent Trends:
Price tied closely to Binance activity and BNB Chain development
Regulatory clarity and Binance’s legal updates influence price movement
🔧 Use Cases:
Gas Fees: For transactions on B