$BNB $BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, originally launched on Ethereum but later migrated to Binance’s own blockchain, BNB Chain. It is used to pay trading fees on Binance with discounts, participate in token sales via Launchpad, and more. BNB also fuels DeFi apps, NFT platforms, and smart contracts on BNB Smart Chain. With Binance’s strong influence in the crypto space, $BNB has grown in utility and value. However, it faces regulatory pressures globally, which can affect its adoption. Despite risks, BNB remains a key player among top cryptocurrencies due to its ecosystem strength.