Binancecoin Price, Chart, News, Tokenomics & Market Insights

Cryptocurrencies

BNB

Rank #5

$865.67

4.42%

(24H)

Overview
Fundamentals
Technical Analysis
About BNB
FAQs
Guides
Tokenomics
Team

Fundamentals

Today's Low

819.39

$865.67

Today's High

865.24

Price & Market Stats

BNB Price	$865.67
24h High / 24h Low	$819.39 / $865.24
Trading Volume	$1,852,226,967.00
Price Change (24h)	$36.64
Price Change Percentage (24h)	4.419%
Market Cap Rank	#5

Market Cap	$120,517,608,163.00
Market Cap Change (24h)	$5,348,512,234.00
Market Cap Change Percentage (24h)	4.644%
Volume / Market Cap	0.0154
All-Time High	$866.96
All-Time Low	$0.04

About BNB

What Is BNB?

Binance Coin (BNB) is the native utility token of the Binance ecosystem, first issued on Ethereum in 2017 and later migrated to Binance Chain and BNB Chain to power trading fee discounts, decentralized-exchange gas, and staking rewards.

Who Are the Founders of BNB?

Binance Coin was issued by Binance, founded by Changpeng Zhao (CZ) and Yi He. As one of the world’s largest exchanges, Binance designed BNB to bootstrap its platform utilities and later expand into a full smart-contract ecosystem.

What Makes BNB Unique?

Binance Coin uniqueness derives from its dual-chain model: a high-speed, low-fee Binance Chain for trading and a smart-contract, enabled BNB Chain for DeFi and dApp development. Its extensive use cases from gas fees to NFT minting underscore its central role in the Binance network.

How Is the BNB Network Secured?

BNB Chain secures transactions through Proof-of-Staked Authority (PoSA), where a set of 21 validators are elected by Binance Coin holders to validate blocks, offering higher throughput at the cost of some decentralization.

What Is BNB’s Role in the Crypto Ecosystem?

Binance Coin functions as the gas token on BNB Chain, a fee discount on Binance Exchange, and collateral for various DeFi protocols and NFT markets, making it a foundational asset in one of the largest crypto ecosystems.

How Is BNB’s Technology Upgraded?

BNB Chain upgrades are coordinated by Binance and the BNB Chain community through on-chain governance.

Who Are the Largest Corporate Holders of BNB?

The largest corporate holder is Binance itself, which retains a portion of Binance Coin for ecosystem funding. Large institutional staking pools and liquidity aggregators also hold significant Binance Coin for validator staking.

Frequently Asked Questions

Is BNB Legal?

Yes. Binance Coin is recognized as a utility token in most jurisdictions, though Binance’s global regulatory encounters influence its legal treatment.

Can BNB Be Hacked?

Security hinges on both smart-contract audits for BNB Chain and Binance’s custody practices. Bridge exploits and validator collusion remain potential threats.

Can I Use BNB for Everyday Purchases?

Yes. Many merchants accept Binance Coin for goods and services via payment gateways, and it is widely used for peer-to-peer settlements.

Guides

Buying Guide for BNB

Staking Guide for BNB

Mining Guide for BNB

Tokenomics

Explore the economic structure behind BNB. Understand the distribution of tokens, supply dynamics, and key economic indicators shaping market performance: Analyzing these elements helps investors understand BNB's long-term sustainability, potential scarcity, and economic incentives driving its value. Review the chart above for detailed token metrics and distribution insights.

Team

Changpeng Zhao

CEO

Changpeng Zhao, known as CZ, is a serial entrepreneur. He launched Binance in July 2017. CZ spent his youth flipping burgers before studying at McGill University Montreal. In 2005, CZ quit his role as head of the Bloomberg Tradebook Futures Research & Development team and moved to Shanghai to start Fusion Systems. Soon thereafter, he learned about Bitcoin and joined Blockchain.com as Head of Technology. 

Yi He

CMO

Yi He leads business, marketing, and branding strategy at Binance. Before co-founding Binance, Yi served as Vice President at Yixia Technology, a mobile video tech company behind mobile apps like Miaopai, Xiaokaxiu, and Yizhibo. Additionally, Yi was co-founder of the digital asset exchange OKCoin between 2014 and 2015.