$BNB is the native cryptocurrency of the Binance ecosystem, one of the world's largest cryptocurrency exchanges. Initially created in 2017 as a utility token for discounted trading fees, BNB's use cases have expanded to include transaction fees on the Binance Smart Chain, staking, & more.
Last 5 Year Price Range:
High: Approximately $705 (recorded in December 2024)
Low: Approximately $10 (recorded in late 2019)
Upcoming Developments: Binance is continually expanding its ecosystem, with plans to introduce biggest new decentralized finance products & services, further increasing BNB's utility.