BNB Binance
$730.16
$7.95
(1.12%)
Mkt Cap$96.94B
Vol872.19M
About Binance
BNB is the native utility token of the BNB Chain ecosystem, acting as a multi-chain asset that powers decentralized applications and facilitates value exchange across its network. It serves as the primary asset for paying transaction gas and smart contract deployment fees while providing users with tiered fee discounts on the Binance exchange. The project’s main value proposition lies in its unified multi-chain architecture, which integrates a smart contract platform, a Layer 2 scaling solution, and a decentralized data storage network into a cohesive settlement and data availability layer. The network operates on a Proof of Staked Authority consensus mechanism, utilizing a group of 21 active validators known as the Cabinet to verify transactions and produce blocks every 3 seconds. Validators are elected daily based on the amount of BNB staked or delegated to them, and the system employs fast finality and slashing penalties to maintain security and integrity. To manage its long-term economy, the project uses a programmatic dual-burn strategy that permanently removes tokens through real-time fee destruction and quarterly buybacks. Launched in 2017 by the Binance platform, the project initially distributed 50% of its 200 million token supply to the public, while the founding team received 40% and angel investors were allocated 10%. Though it began as a token on the Ethereum network, it eventually migrated to its own autonomous architecture that remains fully compatible with the Ethereum Virtual Machine. Today, the token's utility includes paying for network gas, participating in staking rewards, and enabling decentralized governance through which holders can vote on technical upgrades and economic changes.
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Bullish/Bearish Forum Sentiment
Indicates whether most users posting on a crypto’s stream over the last 24 hours are bearish or bullish.
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Discussion Diversity
Measures the number of unique accounts posting on a stream relative to the number of total messages on that stream.
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Date
Market Cap
Volume
Close
October 16, 2026
$96.98B
$872.15M
---
October 16, 2026
$97.06B
$1.06B
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October 15, 2026
$97.19B
$669.48M
$729.90
October 14, 2026
$98.7B
$720.7M
$741.23
October 13, 2026
$97.51B
$758.19M
$732.31
October 12, 2026
$100.33B
$437.77M
$753.47
October 11, 2026
$99.81B
$456.95M
$749.58
October 10, 2026
$98.77B
$711.57M
$741.74
October 09, 2026
$97.92B
$1.23B
$735.38
October 08, 2026
$102.81B
$927.22M
$772.05
Fundamentals
54
Neutral Sentiment
How do you feel about BNB?
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StocktwitsPolls41
91
NBIS16
24StocktwitsPolls14
93