What it is: A utility token originally for the Binance exchange ecosystem, also used on $BNB -chain for transactions and fees.

Why it matters: Among top cryptos by market cap.

Use case / Strength: Used for exchange fee discounts, smart-contract interactions on $BNB

BNB

830.41

-0.88%

-chain, and participation in various Binance linked services.

Risks / Considerations: Value tied somewhat to exchange’s success and regulatory oversight of exchanges; also competition from other chains.