$BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the world's largest crypto exchanges. Originally launched on Ethereum as an ERC-20 token, BNB now operates on Binance’s own blockchain, BNB Chain. It is used to pay trading fees on Binance at a discount, participate in token sales, and power decentralized applications (dApps) and smart contracts. BNB also supports various DeFi and NFT projects. Its value is driven by Binance’s growth, token burns (reducing supply), and overall market demand. BNB is considered one of the top utility tokens with strong real-world use and long-term potential.
