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Binance Coin

BNB

BNB Chain

Layer1 blockchain

bnbchain

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Categories:

Layer1

Infra

Founded:

2019

In early 2019, Binance launched Binance Chain. By 2020, the community utilized source code from the Ethereum network and launched a modified EVM-compatible blockchain called Binance Smart Chain. In February 2022, both the Binance Chain (rebranded as BNB Beacon Chain) and the Binance Smart Chain (rebranded as BNB Smart Chain) evolved into a unified, modular system referred to as BNB Chain. This dedicated layer1 blockchain is dedicated to building the infrastructure powering the world’s parallel virtual ecosystem. When the two blockchains merged, the Beacon Chain became the dedicated layer used for Governance (staking & voting), and the BNB Smart Chain became the dedicated layer for EVM consensus and execution.

BNB Chain Team

Zoe Wei

Head of Developer Relations

Malcolm Cannon

Head of Growth

Gala Wen

Director, Ecosystem Development

Binance Coin

BNB

Add

-1.03%

Total dollar volume24H

$1,732,094,791

High24H

883.46 USDT

Low24H

853.9 USDT

Market Cap

#3$119,772,285,229

FDV

$119,772,285,229

Market Cap / FDV Ratio

1.00

Turnover rate

1.45%

Circulating supply

139,287,915

Total supply

139,287,915

Max supply

200,000,000

All time high

900.71 USDT

All time high date

Aug 22, 2025

Down from All time high

-4.53%

Cycle low

839.23 USDT

Cycle low date

Aug 22, 2025

Up from cycle low

2.46%

Contracts

Etherscan:0xB8...DD52

Official links

Website

White paper

Socials

Twitter

Introduction

BNB has the highest market capitalization in CEX tokens. It is created by Binance, one of the world's leading cryptocurrency exchanges.Launched in 2017, BNB was initially an ERC-20 token on the Ethereum blockchain but migrated to Binance's proprietary blockchain, Binance Chain, in 2019.

BNB is unique due to its utility and integration within the Binance platform. Users can use BNB to pay for trading fees on the exchange, participate in token sales on Binance Launchpad, and make in-store payments where it's accepted. Moreover, BNB is the native token of Binance Smart Chain (BSC), a blockchain platform for developing decentralized applications (DApps) and DeFi protocols.

In June 2023, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance, its CEO Changpeng Zhao, and two other affiliated subsidiaries. The defendants are accused of violating a series of securities laws, including illegal transfer of customer funds, violation of U.S. securities trading rules, operating illegal trading platforms, concealment, and fraud. At the same time, BNB was listed as a security by the SEC, which caused BNB's market value to drop by more than 20% on that day, and it has not recovered so far.

Above are only for introduction, not intended as investment advice.

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