BNB
BNB$850.11
+0.86% (24h)
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BNB / USDT Candlestick Chart
Technical Analysis for BNB/USDT
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Latest News About BNB
Market Statistics
Market Cap
$127.86B
24h Volume
$891.02M
Circulating Supply
150.40M BNB
Total Supply
150.40M BNB
Max Supply
N/A
All-Time High
$900.38
(On Aug 22, 2025)
About BNB
What Is BNB?
BNB (formerly known as Binance Coin) is the native cryptocurrency of the BNB Chain ecosystem, serving as the backbone of its multi-chain Web3 infrastructure. It powers transactions, governance, and economic incentives across BNB Smart Chain (BSC), opBNB (a high-performance Layer-2 scaling solution), and BNB Greenfield (a decentralized data storage network).
Key Functions of BNB
1-Transaction Fee Payments – BNB is used to pay for gas fees on BSC and opBNB, making it essential for DeFi, NFTs, and dApp interactions.
2-Governance Participation – BNB holders can vote on proposals that shape the future of BNB Chain, ensuring decentralized decision-making.
3-Ecosystem Incentives – BNB fuels the BNB Chain TVL (Total Value Locked) Campaign, rewarding users and projects that contribute to liquidity and adoption.
4-Strategic Reserve Asset – BNB acts as a store of value within the ecosystem, supporting staking, lending, and other financial activities.
5-Cross-Chain Utility – Beyond BNB Chain, BNB is integrated into Binance’s centralized exchange (CEX), where it offers trading fee discounts, participation in token launches, and more.
Evolution of BNB
- 2017: Launched as an ERC-20 token on Ethereum, primarily for Binance trading fee discounts.
- 2019 (April 18): Migrated to BNB Chain’s mainnet, becoming a native asset with expanded utility.
- 2020-Present: Evolved into a multi-chain ecosystem, supporting DeFi, GameFi, and Web3 infrastructure.
"Build and Build" – The BNB Philosophy
The motto "Build and Build" reflects BNB Chain’s commitment to fostering innovation. Developers, validators, and users all contribute to a thriving decentralized economy powered by BNB.
Future Prospects
With continuous upgrades like opBNB’s scalability and BNB Greenfield’s decentralized storage, BNB is positioning itself as a cornerstone of the next-generation blockchain ecosystem. Whether for transactions, governance, or investment, BNB remains a vital asset in the crypto space.
As adoption grows, BNB’s role in cross-chain interoperability, staking rewards, and real-world applications will further solidify its importance in the Web3 revolution.