$718.39
$718.39

Overview

Price performance
Low
$680.41
High
$721.12
Market open. Last updated: Nov 4, 2026, 6:29 PM UTC
$
718.39
21.86 (3.14%)
Open
$696.53
Previous close
$696.53
All-time high
$1369.99
Oct 13, 2025 (2 years ago)
All-time low
$0.04
Oct 18, 2017 (10 years ago)
1804108.92%

Seasonals

Holdings

Technicals

Insights & Activity

Market Cap
94.48B
Volume (24h)
1 126 514 755
FDV
94.48B
1.19%
Total Supply
131 511 183
Community Sentiment
Neutral
Links
Tags
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
Socials
About
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.