$BNB the native coin of the Binance ecosystem, powers one of the world’s largest cryptocurrency exchanges. Originally launched as an ERC-20 token, BNB later migrated to Binance Chain and now fuels transactions on BNB Smart Chain (BSC). The coin pair $BNB with other assets—like BNB/USDT or BNB/BTC—is heavily traded, reflecting its utility and investor demand. BNB is used for trading fee discounts, staking, DeFi applications, and token launches. Its value is driven by Binance’s growth, periodic token burns, and ecosystem expansion. As Binance continues to innovate, the $BNB coin pair remains a key metric for gauging activity in the crypto market.