BNB is the native utility and gas token of the BNB Chain ecosystem, originally launched by Binance in 2017 as an ERC-20 token on Ethereum before migrating to Binance's proprietary blockchain infrastructure. Today, BNB functions as the foundational asset powering a multi-chain ecosystem designed for high throughput, low-cost transactions, and broad Web3 application support. As of July 2026, BNB ranks as the 4th largest cryptocurrency by market capitalization at $73.66 billion, with a circulating supply of approximately 134.78 million tokens and a current price of $546.48.