$BNB BNB Overview

BNB, or Binance Coin, is a cryptocurrency launched in 2017 that has grown to become one of the top digital assets globally. Initially created as a utility token for discounted trading fees on the Binance exchange, BNB has evolved into a versatile asset with various use cases.

Key Features

- *Token Burns*: Binance regularly burns BNB tokens, reducing the total supply and potentially increasing its value.

- *Utility*: BNB offers discounts on trading fees, enables payments via Monaco Visa, and allows users to purchase virtual gifts on Uplive.

- *Blockchain Ecosystem*: BNB is the native crypto asset of the Binance ecosystem, including BNB Chain, which supports decentralized applications and transactions.

Market Performance

- *Current Price*: BNB is trading at around $794.30, with a 24-hour price change of +4.54%.

- *Market Capitalization*: The market cap of BNB is approximately $110.63 billion.

- *Trading Volume*: The 24-hour trading volume of BNB is around $43.46 million ¹.

Use Cases

- *Trading Fees*: Pay for trading fees on Binance with discounts.

- *Payments*: Enable payments via Monaco Visa.

- *Virtual Gifts*: Purchase virtual gifts on Uplive.

- *Decentralized Applications*: Support for dApps on BNB Chain.

Growth and Adoption

- *Remarkable Growth*: BNB has seen over a 10,000 times increase since its launch in 2017, rising from $0.06 to approximately $700.

- *Investor Interest*: Investors speculate on BNB reaching $1,000 by early 2026, driven by growing adoption and ecosystem development ².