Binance Coin

Binance Coin
BNB
Contract address
0xb8c7...1bdd52
Copy BNB contract address
$856.22
$7.35(+0.86%)Today
Market cap
117.91B
Total volume (24h)
887.56M
Volume / Market cap
0.0075
Circulating supply
137.74M
Day range (24h)
$845.97$865.38
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 (December 22, 2025)$856.22+0.86%
24 hours ago (December 21, 2025)$848.94+0.86%
1 week ago (December 15, 2025)$889.44-3.73%
1 month ago (November 22, 2025)$829.06+3.28%
1 year ago (December 22, 2024)$663.30+29.08%

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