BNB
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Price Chart
At a Glance
BNB is the native token of the Binance ecosystem and BNB Chain (formerly BSC). Originally launched as a utility token for trading fee discounts on Binance, it has evolved into the gas token for one of the most active smart contract platforms. Binance conducts quarterly BNB burns to reduce supply toward a target of 100M tokens.
Network Stats
Tokenomics
Key Drivers
Binance Ecosystem
bullish200M+ Binance users create massive built-in demand for BNB across trading, Launchpad, and BNB Chain.
Quarterly Burns
bullishAuto-burn mechanism reduces supply based on BNB price and blocks produced, creating deflationary pressure.
Regulatory Risk
bearishBinance faces ongoing regulatory challenges globally, which could impact BNB utility and access.