BNB Smart Chain, formerly known as Binance Smart Chain, is a blockchain network developed by Binance, the giant cryptocurrency marketplace. The ecosystem hosts GameFi platforms, dApps, DEXes, and an NFT community, where its token BNB currently ranks among the top 5 cryptocurrencies by market capitalization. "BNB" stands for "Build n' Build" since building has been at the core of the platform's spirit. The BNB smart chain has undoubtedly been a catalyst for Binance's advancement towards market dominance.