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BNB Price Today

BNB
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BNB (BNB)

What is BNB?

BNB is the native asset of BNB Chain (formerly Binance Smart Chain / BSC)—a smart-contract network that stays compatible with Ethereum’s tooling (Solidity, MetaMask-style wallets, the same address format) while targeting lower fees and high throughput. You pay gas in BNB to send transactions, deploy contracts, and interact with DeFi apps on the chain.

The network uses Proof of Staked Authority: a small, rotating set of validators produces blocks, with staking and delegation aligning economic security with token holders. That design trades some decentralization assumptions for speed and predictable costs—similar in spirit to other high-TPS EVM chains, and familiar to users moving between Ethereum L1 and L2s.

BNB’s role does not stop at gas. Historically it also tied to Binance’s centralized exchange—fee discounts, launchpad participation, and other utilities—so demand for BNB often tracks both on-chain activity and CeFi product usage. A portion of supply has been burned over time via protocol mechanisms tied to network usage and scheduled burns, which affects circulating supply in ways holders watch closely.

BNB launched in 2017 as an ERC-20 token before migrating to BNB Chain’s own ledger. Today it underpins a large DeFi and gaming ecosystem, side-by-side with opBNB and other scaling efforts in the same family. As with any exchange-linked token, regulation and corporate strategy can move narratives; verify official docs for the latest on staking, burns, and chain upgrades.

Key Facts & Snapshot

  • Symbol: BNB
  • CoinGecko id: binancecoin
  • Market cap rank (CoinGecko): #5
  • Categories: Smart Contract Platform, Exchange-based Tokens, BNB Chain Ecosystem, Centralized Exchange (CEX) Token, Layer 1 (L1), Ethereum Ecosystem, Alleged SEC Securities, FTX Holdings, Proof of Stake (PoS), GMCI Layer 1 Index, GMCI 30 Index, GMCI Index, Made in China
  • Genesis / launch date: 2017-07-08
  • Circulating supply (snapshot): 136,356,552
  • Total supply (snapshot): 136,356,552
  • Max supply (snapshot): 200,000,000
  • All-time high (USD, CoinGecko): $1.37K (Oct 13, 2025)
  • All-time low (USD, CoinGecko): $0.0398 (Oct 19, 2017)

Market (USD snapshot)

  • Market cap (USD, snapshot): $81.04B
  • 24h volume (USD, snapshot): $945.61M
  • Fully diluted valuation (USD, snapshot): $81.04B
  • 24h price change (snapshot): -1.66%

Community & code (CoinGecko)

  • GitHub stars (main repo, CoinGecko): 4,241
  • GitHub forks (main repo, CoinGecko): 2,044

Contract addresses (by platform)

  • ethereum: 0xb8c77482e45f1f44de1745f52c74426c631bdd52

Official & Community Links

Learn More

Frequently Asked Questions

What is BNB and what is it used for?
BNB is the native cryptocurrency of the BNB Chain ecosystem and originated as Binance’s exchange token. It functions as a smart contract platform token, powers transactions on BNB Chain, and provides utility within the Binance exchange ecosystem including trading fee discounts.
How many BNB coins are in circulation?
There are currently 136,356,552 BNB in circulation out of a maximum supply of 200,000,000. The circulating supply equals the total supply, indicating no additional coins are locked or reserved beyond what’s already been burned from the original supply.
When was BNB launched and what was its starting price?
BNB launched on July 8, 2017, with an all-time low price of $0.0398 recorded on October 19, 2017. It has since grown to reach an all-time high of $1,370 on October 13, 2025.
Is BNB considered a security by regulators?
BNB is categorized among tokens that are alleged SEC securities, meaning the U.S. Securities and Exchange Commission has raised questions about its regulatory status. This creates regulatory uncertainty that could impact its availability on certain platforms or its legal treatment in various jurisdictions.
How risky is investing in BNB given its regulatory status?
BNB faces regulatory risk as it’s classified among alleged SEC securities, which could lead to enforcement actions or delisting from U.S. platforms. As a centralized exchange token tied to Binance, it’s also exposed to risks related to the exchange’s operations, regulatory compliance, and any legal challenges the company faces.

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