$BNB is the native cryptocurrency of the Binance ecosystem, one of the largest cryptocurrency exchanges globally. Initially launched as an ERC-20 token on Ethereum, it migrated to Binance's own blockchain, Binance Chain, in 2019. BNB has multiple uses, including paying for transaction fees on Binance, participating in token sales through Binance Launchpad, and various decentralized finance (DeFi) applications. Binance frequently burns a portion of its.BNB supply to reduce total circulation, aiming to increase scarcity over time. BNB has evolved from a utility token to a key asset in Binance’s broader ecosystem, fueling growth and adoption across the blockchain space.It crossed its previous ath in 2024 .I think it can go to at least 1000u the bull season.

(DOYR)