$BNB the native token of the Binance ecosystem, plays a vital role in powering one of the world’s largest crypto exchanges. Initially launched as an ERC-20 token, BNB migrated to its own blockchain, BNB Chain, enabling fast, low-cost transactions and smart contract deployment. It’s used for trading fee discounts, token sales on Binance Launchpad, and even real-world purchases. With regular quarterly burns to reduce supply and increase scarcity, BNB maintains strong investor interest. As Binance expands into DeFi, NFTs, and Web3, $BNB remains central to its growth. Despite regulatory challenges, BNB continues to demonstrate resilience and utility across the Binance ecosystem, making it one of the most influential cryptocurrencies in the market.