BNB BNB#4
Live BNB (BNB) price, market cap and chart — Altcoins. Data via Binance; market cap from live price × curated circulating supply. Updated continuously.
About BNB
BNB is the native token of the BNB Chain ecosystem, launched by the exchange Binance in 2017. It began as a utility token for discounted trading fees on Binance and grew into the fuel for BNB Smart Chain, a fast, low-cost network that hosts a large ecosystem of decentralised apps, tokens and DeFi. BNB is used to pay gas on that chain, and Binance runs periodic "burns" that permanently remove tokens from supply.
BNB’s fortunes are closely tied to Binance, the world’s largest crypto exchange, and to BNB Chain activity. That link is a strength when both are thriving and a risk when they are not: regulatory action against Binance in several jurisdictions has weighed on sentiment before. As a token whose value leans heavily on one company and its ecosystem, it carries concentration risk on top of the usual crypto volatility.
BNB tokenomics
| Market cap rank | #4 |
| Circulating supply | 140.00M BNB |
| Max supply | 200.00M BNB |
| All-time high | $1,375.11 -58.59% |
| All-time low | $0.5000 |
| Launched | 2017 |
All-time high and low are approximate, derived from Binance market history since BNB listed there.
BNB is the utility and gas token of the Binance-linked BNB Chain, used for fee discounts and to pay for transactions. A recurring burn programme steadily reduces its supply over time.
BNB is essentially a bet on Binance and its chain. When the exchange and ecosystem grow, demand for BNB tends to follow; when Binance faces regulatory or reputational pressure, BNB feels it too. The burn mechanism supports scarcity, but the token’s concentration around a single company is a real risk alongside normal volatility.
First Light shows what’s happening and why it matters — a clarity tool, not a prediction. Not financial advice.
BNB vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| BNB BNB | $569.50 | -1.45% | $79.73B |
| XRP XRP | $1.09 | -2.66% | $63.47B |
| Solana SOL | $78.61 | -2.54% | $37.34B |
| TRON TRX | $0.3299 | -0.18% | $28.57B |
| Cardano ADA | $0.1705 | -4.91% | $6.05B |
| Stellar XLM | $0.1870 | -3.96% | $5.70B |
BNB FAQ
What is BNB?
BNB is the native token of BNB Chain, launched by Binance. It pays gas on the chain and gives fee discounts on the Binance exchange.
What is a BNB burn?
Binance periodically destroys a portion of BNB supply — a "burn" — which permanently reduces the number of tokens in circulation.
Is BNB tied to Binance?
Yes, closely. BNB’s value is linked to the health of Binance and the BNB Chain ecosystem, which is both a strength and a concentration risk.
Is BNB a good investment?
BitAdvent does not give financial advice. BNB is volatile and exposed to regulatory risk around Binance. Do your own research.