Binance Coin

Binance Coin
BNB
Contract address
0xb8c7...1bdd52
Copy BNB contract address
$546.39
-$2.96(-0.54%)Today
Market cap
73.64B
Total volume (24h)
688.61M
Volume / Market cap
0.0094
Circulating supply
134.78M
Day range (24h)
$541.78$551.10
All-time low
$0.0398
All-time high
$1,369.99

About Binance Coin (BNB)

What is Binance Coin (BNB)?

Binance Coin (BNB) is a decentralized cryptocurrency launched in 2017 that is the native token for Binance exchange. Pronounced “BEE-en-BEE,” BNB was originally created as an ERC-20 token on the Ethereum blockchain. In 2019, BNB migrated from Ethereum to Binance’s own blockchain network, called Binance Chain. In 2020, Binance launched Binance Smart Chain (BSC), a more versatile blockchain supporting smart contract. When it was launched, BNB's primary use was as a utility token, giving Binance users discounted trading rates when on Binance exchange. 

How does BNB chain work?

BNB chain uses a Proof of Staking Authority consensus mechanism to validate transactions made on the blockchain. The technology incorporates an amalgamation of delegated Proof of Stake (dPos) and Proof of Authority (PoA) methods. 

What are the benefits of PoSA?

In PoSA, network validators are selected based on the amount of crypto they stake, as well as their reputation, aka authority. This consensus mechanism results in a smaller amount of validators checking transactions onchain, which is less decentralized than PoS, but can facilitate a faster, more scalable network. Having less validators means a reduction in the communication needed between them. However, this structure can leave the blockchain network more vulnerable to attacks. 

What is Binance Coin (BNB) used for?

Today Binance Coin can be used both inside and out of the Binance ecosystem. This includes staking, accessing decentralized apps (dapps), governance decisions, travel booking, and financial services.

Price history

Today (July 1, 2026)$546.39-0.54%
24 hours ago (June 30, 2026)$549.37-0.54%
1 week ago (June 24, 2026)$577.08-5.32%
1 month ago (June 1, 2026)$688.35-20.62%
1 year ago (July 1, 2025)$654.31-16.49%

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BNB market moves

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24h change: -2.30%. From $558.67 to $545.84.

  • Binance's application for a license in Greece under the EU's new regime is expected to be rejected. This could end its permission to serve clients across the bloc from July 2026. Company executives have stated they will seek other routes to maintain a presence in Europe while BNB Chain operates independently with strong on-chain metrics.
  • Successive upgrades have reduced BNB Smart Chain block finality from around 45 seconds in 2022 to approximately 0.65 seconds. A layered consensus model separating block production from finality enabled these gains across multiple BEPs. These changes improve the experience for DeFi, gaming, AI agents, and high-throughput applications while maintaining security and decentralization.
  • VanEck introduced VBNB, the first US spot exchange-traded product providing direct exposure to BNB. Shares are backed by physically held BNB in cold storage with a qualified custodian and carry a 0.39 percent sponsor fee. The launch highlights BNB Chain's scale with tens of millions of monthly active users and substantial real-world usage in stablecoins, DeFi, and RWAs.

24h change: +1.46%. From $551.02 to $559.09.

  • Binance notified users in countries including France, Italy, Poland, and Spain that it will suspend new user onboarding and limit certain services effective July 1, 2026. The exchange withdrew its MiCA license application in Greece and intends to apply in France instead. This follows the end of the EU's MiCA transition period requiring authorization for crypto firms to operate across the bloc. The news has contributed to recent selling pressure on BNB amid concerns over reduced European trading volumes and liquidity.
  • BNB Chain has launched the BNBAgent SDK for building AI-powered blockchain agents and continues 2026 roadmap efforts targeting higher TPS, faster finality, and support for real-world assets and stablecoins. Recent hard forks have improved transaction efficiency and network stability. These developments aim to strengthen on-chain activity and utility for BNB independent of exchange volume. VanEck has highlighted BNB's real-world usage and revenue generation in the context of its spot BNB ETF.
  • BNB recently broke below the $570 support level and has traded near $550-$560 with mixed 24-hour performance but broader weekly declines. Market-wide liquidations totaling hundreds of millions have coincided with the price action. Technical indicators show bearish momentum in the short term with RSI and MACD readings supporting seller control. Analysts note the need to reclaim $570 for any near-term recovery, with lower supports around $520.

24h change: +0.82%. From $571.71 to $576.40.

  • BNB Chain introduced bStocks as BEP-20 tokens that represent 1:1 backed shares of U.S. companies like Tesla and Nvidia held by regulated custodians. You can convert them 1:1 with no fees, trade them 24/7, supply liquidity, use them as collateral, or access leveraged exposure through integrated protocols such as PancakeSwap, Venus, and TermMax. This brings real-world assets on-chain with full self-custody and growing DeFi composability while sharing rewards to encourage participation. The development increases on-chain activity and utility for the BNB token and ecosystem.
  • BNB Chain launched BNB Cup 2026 campaigns tied to major football events where you can predict matches, trade prediction markets, open packs, create tokens, and compete for rewards across multiple ecosystem projects. The initiative spans prediction markets, TCGs, launchpads, and other activities to boost participation. It builds on the chain's focus on community-led growth and real-world use cases during a high-attention sporting period. This approach aims to increase on-chain activity and awareness of BNB Chain tools.
  • VanEck launched the first U.S. spot BNB ETF trading under ticker VBNB on Nasdaq with a 0.39 percent sponsor fee and shares backed by cold storage BNB. Grayscale also filed for a BNB ETF earlier in the year. Analysts highlight BNB's real-world usage, user activity, and revenue generation as strengths compared with other blockchain projects. These products lower barriers for institutional exposure to BNB and the broader BNB Chain ecosystem.

24h change: -3.55%. From $592.50 to $571.47.

  • Recent launches include bStocks on BNB Chain, offering tokenized versions of major equities for on-chain trading. These integrate with protocols such as Venus and to enable liquidity pools, yield strategies, and use as collateral. Ecosystem metrics show robust activity with billions in stablecoin supply, growing real-world asset value locked, and millions of weekly active users. The developments highlight BNB Chain's focus on practical utility and real-world asset adoption beyond exchange fee discounts.
  • BNB has traded in a narrow range between roughly 580 and 600 dollars in recent sessions. It posted small daily gains near 0.6 percent while declining over 4 percent across the past week. Analysts point to selling pressure above value areas, volume dynamics, and dependence on Bitcoin holding support. On-chain strength in users and TVL continues alongside these price movements.
  • BNB Chain extended zero-fee transactions for USDC, USD1, and U until the end of June 2026. This builds on efforts to drive everyday usage, stablecoin adoption, and low-cost DeFi activity. Combined with sub-dollar gas fees and fast finality, the promotion supports higher on-chain volume. It aligns with reported billions in stablecoin supply and trading activity on the network.

24h change: +0.54%. From $589.23 to $592.41.

  • Venus Protocol integrated Binance-issued tokenized stocks (bStocks) such as SPCXB into its core lending pool. Users can now deposit these assets to borrow stablecoins like USDT and USDC while retaining exposure to the underlying stocks. The development advances composability between traditional equities and on-chain DeFi. It aligns with broader growth in real-world assets on the BNB Chain ecosystem.
  • BNB Chain showcased increasing real-world asset activity with visual indicators of growth across protocols. This includes tokenized stocks now usable in lending markets following the Venus integration. The network positions itself as a hub for RWAs alongside DeFi and stablecoins. Official communications emphasize practical utility and ecosystem metrics.
  • Recent protocol upgrades have reduced BSC finality to approximately 0.65 seconds, a 70x improvement since 2022. This enhances user experience for transactions that finalize nearly instantly. The update is part of ongoing technical roadmap execution focused on performance and reliability. It supports higher throughput for DeFi, RWAs and other applications.

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