#BSCOnTheRise Launched by the cryptocurrency exchange Binance, BNB Smart Chain (BSC), previously Binance Smart Chain, is a blockchain network. It supports smart contracts and decentralized applications (DApps). BSC runs alongside the BNB Chain, previously Binance Chain. The first one supports

smart contracts

while the second one enables high transaction volume with 3 seconds block time. Both blockchains together form Binance Chain. It is a base layer, or Layer 1 (L1), which is part of the BNB Chain ecosystem of blockchains that is developed with the support of cryptocurrency exchange Binance. It is known for its fast transaction time and low transaction cost.

BNB token is the fuel for BNB Smart Chain. Originally known as Binance Coin, BNB has been rebranded to “Build and Build." In addition to serving as BNB Smart Chain’s “gas" token, BNB also provides holders with on-chain governance rights.

The live price of BNB is $ 639.38 per (BNB / USD) today with a current market cap of $ 92.08B USD. 24-hour trading volume is $ 2.33B USD. BNB to USD price is updated in real-time. BNB is +5.06% in the last 24 hours. It has a circulating supply of 144.01M.