$BNB is the native token of Binance, one of the largest crypto exchanges globally. It powers the *Binance ecosystem*, including trading fee discounts, launchpad access, and gas fees on BNB Chain. Originally launched as an ERC-20 token, BNB now operates independently on its own blockchain.

BNB has shown consistent utility and demand due to its role in exchange operations and DeFi applications. Its deflationary model—through regular token burns—adds long-term value pressure. However, BNB’s price often correlates with Binance’s regulatory challenges and market sentiment.

Currently, BNB is holding above key support, showing resilience in a consolidating market.

Coin pair: BNB/USDT