$BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest crypto exchanges globally. Initially launched as an ERC-20 token, $BNB later migrated to its own blockchain, Binance Chain. It's used for trading fee discounts, token sales on Binance Launchpad, and powering transactions on BNB Chain. $BNB also supports DeFi, NFTs, and gaming applications across the Binance Smart Chain (BSC). With strong utility and wide adoption, it consistently ranks among the top cryptocurrencies by market cap. However, regulatory scrutiny on Binance could impact $BNB’s future growth. Still, its utility and ecosystem integration give it strong potential.