Binance Coin

Binance Coin
BNB
Contract address
0xb8c7...1bdd52
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$610.78
-$17.46(-2.86%)Today
Market cap
83.28B
Total volume (24h)
1.03B
Volume / Market cap
0.0123
Circulating supply
136.36M
Day range (24h)
$608.67$631.85
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 (March 27, 2026)$610.78-2.86%
24 hours ago (March 26, 2026)$628.75-2.86%
1 week ago (March 20, 2026)$642.96-5.00%
1 month ago (February 25, 2026)$602.64+1.35%
1 year ago (March 27, 2025)$634.41-3.72%

Calculator

BNB market moves

AI summary for information only. Not financial advice.


24h change: -3.20%. From $647.65 to $626.92.

  • BNB has moved ahead of XRP to rank fourth by market capitalization as reported on March 24. This comes during a period of price consolidation around $630. The shift underscores sustained demand for BNB amid varying altcoin performances.
  • BNB Chain initiated its university developer roadshow on March 24 to engage students and builders. The next event at Penn Blockchain Conference runs March 27-28 with workshops and talks. These efforts aim to boost development activity on the network.
  • BNB Chain prolonged zero-fee transactions for USDC, USD1, and U stablecoins until March 31. This initiative reduces costs for users handling these assets on the network. It promotes higher transaction volumes and stablecoin adoption.

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