$BNB BNB (Binance Coin) is the native token issued by Binance Exchange, primarily used for paying transaction fees, participating in ecological governance, and other scenarios in DeFi applications. On July 22, 2025, BNB's market value exceeded $10.6 billion, with a 24-hour trading volume reaching $2.48 billion. Its price is influenced by market supply and demand, the strength of the exchange, and the deflationary mechanism. Recently, bullish forces have strengthened amid price fluctuations, but the overall market trend remains unclear, and investors need to pay attention to market dynamics and risks.