$BNB (Binance Coin) is the native cryptocurrency of the Binance exchange.

Initially, it was launched on Ethereum, but later it shifted to Binance Smart Chain (BSC).

The main uses of BNB are for trading fee discounts, staking, and paying transaction fees.

Many DeFi and gaming apps running on Binance Smart Chain use BNB.

The regular coin burn mechanism keeps reducing the supply, which supports the long-term price.

BNB is one of the top coins in the crypto market by market cap.

Its price movement is often linked to the growth of the Binance exchange.

Due to its strong ecosystem, BNB has become not just an exchange token, but a full utility coin.

It also drops during market crashes, but usually shows a strong recovery.

Long-term performance depends on the adoption of the Binance ecosystem and global crypto regulations.

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