Hi friends ๐ค
BNB (Binance Coin) was launched in July 2017 as part of Binanceโs ICO, priced at just $0.10. Originally an ERC-20 token on Ethereum, it was mainly used for trading fee discounts on the Binance exchange.
In 2019, BNB migrated to its own blockchain โ Binance Chain, and later evolved with the launch of Binance Smart Chain (BSC) in 2020, enabling smart contracts and DeFi. This move skyrocketed BNBโs utility and adoption. Projects like PancakeSwap and Venus boosted its on-chain use, and BNB became the gas token for BSC.
During the DeFi boom, BNB surged to an all-time high of $690 in May 2021. Despite bear markets, BNB kept building โ with innovations like the Auto-Burn, BNB Vault, Launchpads, Greenfield, and opBNB Layer 2.
Today, BNB powers a vast ecosystem โ from DeFi to NFTs, staking, gaming, and decentralized storage. With over 48 million BNB burned and continuous innovation, BNB has transformed from a simple utility token into the backbone of the Binance ecosystem.
BNBโs journey shows that real utility, strong community, and constant evolution can create a true crypto titan ๐ $BNB
