$BNB and its journey of 3,000 days until reaching US$ 1,000

The BNB was launched in 2017 to support Binance users. It started as a utility token developed to provide discounts on trading fees and serve as gas on the $BNB Chain.

Over the years, this utility has expanded considerably. Today, the $BNB not only unlocks savings on fees but also acts as a rewards mechanism for the Binance ecosystem, a payment tool, a corporate treasury asset, and much more.

Now, speaking of numbers and appreciation: from January 1, 2024, until today, 1 BNB held on Binance has earned over US$ 200 in additional token rewards, in addition to a price appreciation of over 243%.

This new Binance blog post showcases the extraordinary journey of the cryptocurrency from the ICO's inception to reaching the milestone of US$ 1,000 (and surpassing it), along with the key factors behind its sustainable growth, and performance comparisons with other major assets.