BNB Price BNB
Rank #4BNB Price Chart
BNB Market Statistics
BNB Price Performance
| Period | 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|---|
| Change | -0.26% | +0.74% | +2.65% | +2.03% | +9.36% | -33.29% |
About BNB
BNB is the native utility token of the BNB Chain ecosystem, acting as a multi-chain asset that powers decentralized applications and facilitates value exchange across its network. It serves as the primary asset for paying transaction gas and smart contract deployment fees while providing users with tiered fee discounts on the Binance exchange. The project’s main value proposition lies in its unified multi-chain architecture, which integrates a smart contract platform, a Layer 2 scaling solution, and a decentralized data storage network into a cohesive settlement and data availability layer.
The network operates on a Proof of Staked Authority consensus mechanism, utilizing a group of 21 active validators known as the Cabinet to verify transactions and produce blocks every 3 seconds. Validators are elected daily based on the amount of BNB staked or delegated to them, and the system employs fast finality and slashing penalties to maintain security and integrity. To manage its long-term economy, the project uses a programmatic dual-burn strategy that permanently removes tokens through real-time fee destruction and quarterly buybacks.
Launched in 2017 by the Binance platform, the project initially distributed 50% of its 200 million token supply to the public, while the founding team received 40% and angel investors were allocated 10%. Though it began as a token on the Ethereum network, it eventually migrated to its own autonomous architecture that remains fully compatible with the Ethereum Virtual Machine. Today, the token's utility includes paying for network gas, participating in staking rewards, and enabling decentralized governance through which holders can vote on technical upgrades and economic changes.
Categories: Smart Contract Platform · Exchange-based Tokens · BNB Chain Ecosystem · Centralized Exchange (CEX) Token · Layer 1 (L1) · Ethereum Ecosystem
How BNB Works
BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, which includes the Binance centralized exchange (CEX) and the BNB Chain (formerly Binance Smart Chain), a smart contract platform.
Initially launched as an ERC-20 token on the Ethereum network in 2017, BNB was migrated to its own blockchain, the BNB Chain, which was designed to offer faster and cheaper transactions compared to Ethereum while maintaining smart contract functionality.
What Moves the BNB Price
BNB's price is influenced by its use cases within the Binance ecosystem, such as trading fee discounts on the Binance exchange, participation in token sales on the Binance Launchpad, and payment for transaction fees on the BNB Chain.
The adoption and growth of the BNB Chain ecosystem, including the number of decentralized applications (dApps) and users, play a significant role in driving demand for BNB.
Market conditions, regulatory developments affecting Binance and the broader cryptocurrency market, and Binance's business decisions and partnerships can also impact BNB's price.
BNB Tokenomics & Supply
BNB has a circulating supply of 133,159,069 BNB out of a maximum of 200,000,000 BNB, and a total supply of 133,159,065 BNB. Its fully diluted valuation is $105.09B.
Where to Buy BNB
You can buy BNB (BNB) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, BNB is also available via local exchanges and P2P — see our BNB in naira page. Always compare fees and use reputable platforms.
BNB in Other Currencies
Related Cryptocurrencies
BNB FAQ
What is the price of BNB today?
As of Mon, 05 Oct 2026 07:00:03 UTC, BNB (BNB) is trading at $794.02, up 0.74% over the last 24 hours. Its market capitalization is $105.73B, ranking it #4 among all cryptocurrencies.
What is BNB's market cap?
BNB has a market capitalization of $105.73B (rank #4), calculated as its circulating supply of 133,159,069 BNB multiplied by the current price of $794.02.
What is the all-time high of BNB?
BNB's all-time high is $1,369.99, reached on Oct 13, 2025. At $794.02 today, it is 42.4% below that peak.
How many BNB are there?
BNB has a circulating supply of 133,159,069 BNB out of a maximum of 200,000,000 BNB, and a total supply of 133,159,065 BNB.
Will BNB go up? Is it a good investment?
No one can reliably predict whether BNB will rise or fall — anyone promising guaranteed BNB returns is not trustworthy. BNB is an established asset, but all crypto is volatile. Research it yourself and only risk what you can afford to lose. This is not financial advice.
Where can I buy BNB?
You can buy BNB (BNB) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, BNB is also available via local exchanges and P2P — see our BNB in naira page. Always compare fees and use reputable platforms.
What is the purpose of BNB?
BNB serves multiple purposes, including acting as a utility token for trading fee discounts on Binance, participating in token sales on Binance Launchpad, and paying for transaction fees on the BNB Chain. It also functions as a governance token for the BNB Chain ecosystem.
How does Binance reduce the supply of BNB?
Binance conducts periodic 'burns' of BNB, where a portion of the tokens are permanently removed from circulation. This is done to reduce the total supply of BNB, with the goal of reaching a final supply of 100 million tokens, down from the initial 200 million.
What is the difference between Binance Chain and BNB Chain?
Binance Chain was the original blockchain developed by Binance, focused on fast trading. BNB Chain, which includes Binance Smart Chain (now called BNB Smart Chain), was developed to add smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM), allowing for a wider range of decentralized applications.
Data from CoinGecko & Binance, source-stamped above. Information only — not financial advice. Crypto is volatile and high-risk.