$BNB $BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, originally launched on Ethereum and later migrated to Binance' own blockchain, BNB Chain. It serves multiple purposes, including trading fee discounts, staking, and participation in token sales on Binance Launchpad. BNB is also used to pay gas fees on BNB Smart Chain and powers a wide range of decentralized applications (dApps). With strong utility and continuous ecosystem expansion, $BNB remains one of the top cryptocurrencies by market cap. Its deflationary model, driven by regular coin burns, helps support long-term value and investor interest in the Binance ecosystem.