As of now, BNB (Binance Coin) is trading around $776, maintaining its position as one of the top 5 cryptocurrencies by market cap. Originally launched to offer trading fee discounts on Binance Exchange, BNB has evolved into a utility powerhouse. It fuels the BNB Chain, supports DeFi projects, NFTs, and tokenized real-world assets.
Recent highlights include:
$1 billion token burn by Binance to reduce supply
Maxwell hard fork improving scalability and lowering fees
Institutional demand rising, with firms like Nano Labs planning to hold large amounts of BNB
BNB continues to be a central pillar of Binance's growing crypto ecosystem.
