BNB (Binance Coin) is the native token of the Binance ecosystem, one of the largest crypto exchanges in the world. Originally launched on Ethereum, BNB now powers the BNB Chain—a fast, low-cost blockchain for DeFi, NFTs, and Web3 apps. BNB is used for trading fee discounts, token sales, staking, and more. Regular quarterly burns reduce its supply, supporting long-term price growth. With major institutional interest and recent ecosystem upgrades like the Maxwell hard fork, BNB remains a top crypto asset by market cap. Its growing utility and deflationary model make it a strong contender in the evolving blockchain space.
