BNBBNB
The token at the centre of the world's largest crypto exchange.
30-day price
Where the chart sits — description, not prediction
Trading below both its 50-day ($576.65) and 200-day ($650.46) averages — the longer-term trend reads as down. 30-day range $545.86–$589.18; currently in the middle third of that range. RSI(14) 34 — momentum weak.
Computed from daily closing prices (CoinGecko), July 28, 2026. Compare all coins →
What is BNB?
BNB is the native token of the BNB Chain ecosystem, closely tied to Binance, the world's largest cryptocurrency exchange by trading volume. It began in 2017 as a simple utility token: hold BNB, get a discount on Binance trading fees. Over time its role expanded to powering an entire blockchain network used for trading, applications, and payments.
BNB's defining economic feature is its shrinking supply. Binance periodically "burns" — permanently destroys — a portion of BNB, reducing the total in circulation over time, a mechanic designed to support the token's scarcity as the ecosystem grows.
Because BNB is so tightly linked to a single company, its fortunes track Binance's closely — including the regulatory scrutiny the exchange has faced in multiple jurisdictions. That concentration is both its strength (a vast, active ecosystem) and its main risk.
What has moved BNB
2017 — the ICO
BNB launched via a token sale as a fee-discount token for the new Binance exchange, which rapidly grew into the largest in the world.
2021 — the smart-chain boom
The rise of BNB Chain (then Binance Smart Chain) as a cheaper alternative to Ethereum drove heavy usage and helped push BNB to new highs.
Ongoing — the burns
Regular burns steadily reduce BNB's supply, a deflationary mechanic the market watches as a structural support for the token.
2023 — regulatory pressure
Binance faced significant regulatory action in several jurisdictions, a reminder of how closely BNB's fortunes are tied to the exchange behind it.
Notable moments
Tied to one company
Few large cryptocurrencies are as closely linked to a single business as BNB is to Binance — making it unusually sensitive to that company's regulatory and commercial fate.
Burning billions
Binance has destroyed enormous quantities of BNB over the years through scheduled burns, deliberately shrinking supply as the ecosystem expands.
Common questions
What is BNB used for?
Originally for discounted Binance trading fees; now also the native token of BNB Chain, used for transactions, applications, and payments across that ecosystem.
What are BNB burns?
Binance periodically destroys a portion of BNB permanently, reducing total supply over time — a deflationary mechanic intended to support scarcity.