$BNB What is BNB and what is its trend for the end of 2024?

BNB (Binance Coin) is the native token of the Binance ecosystem, the largest cryptocurrency exchange in the world. Originally launched as an ERC-20 token on the Ethereum network in 2017, it migrated to its own blockchain, Binance Chain. BNB is used to reduce fees on the Binance exchange, access services on the Binance Smart Chain, and for various decentralized applications within its ecosystem. In addition to BNB's technical and market growth, several factors contribute to its upward trend towards the end of 2024: Evolution on the Binance Smart Chain (BSC): The network has increased the total value locked (TVL) and the transaction volume, which reinforces its relevance in the market.