The Binance Chain Native Token (BNB) remains one of the most influential digital assets in the cryptocurrency market. As of today, BNB is trading at $663.19**, reflecting a **+2.55% increase** over the past 24 hours and a **+3.15% gain** over the last week. With a circulating supply of **140,885,361 BNB**, its market capitalization stands at **$92.77 billion, securing its position as the 4th largest cryptocurrency by market cap.
BNB powers key functionalities across Binance’s ecosystem, including the BNB Chain and Binance Smart Chain (BSC), serving as both a utility and governance token. Its deflationary model—driven by quarterly token burns—and widespread adoption in decentralized finance (DeFi), trading, and real-world payments continue to strengthen its value proposition.
What Is BNB?
BNB, originally launched as an ERC-20 token during Binance’s 2017 Initial Coin Offering (ICO), has evolved into a multi-chain asset. It now operates natively on the BNB Smart Chain (BEP-20) and serves as the primary fuel for transactions, staking, and decentralized applications (dApps).
Developed by one of the world’s largest cryptocurrency exchanges, BNB combines high performance with low transaction fees, making it a preferred choice for developers, traders, and investors alike.
👉 Discover how BNB can enhance your crypto strategy today.
Key Metrics: BNB Live Price & Market Data
- Current Price: $663.19
- 24-Hour Trading Volume: $7.07 million
- Market Cap: $92.77 billion
- Circulating Supply: 140,885,361 BNB
- Maximum Supply: 144,008,511 BNB
- All-Time High (ATH): $793.59
- All-Time Low (ATL): $0.096
Compared to its ATH, BNB is currently trading ~16.4% below peak levels, indicating potential upside for long-term investors. Meanwhile, it has surged over 689,700% from its lowest recorded price.
7-Day Price Change: +3.15%
| Period | Price Change | Percentage Change |
|---|---|---|
| Today | +$16.81 | +2.60% |
| 7 Days | +$20.41 | +3.18% |
| 30 Days | +$4.86 | +0.74% |
| 3 Months | +$62.55 | +10.41% |
This steady upward momentum reflects growing confidence in the BNB ecosystem and increasing adoption across DeFi platforms and Web3 projects.
How to Use BNB: 5 Major Use Cases
1. Reduce Trading Fees on Crypto Exchanges
Holding BNB allows users to pay for trading fees on major exchanges like Binance and KuCoin at a discounted rate—often up to 25% off. This makes frequent traders significant long-term savings.
2. Pay for Goods and Services Online
An expanding number of merchants accept BNB as payment for travel bookings, digital goods, gaming services, and financial products through crypto-friendly gateways.
3. Cover Transaction Fees on BNB Chain
As the native gas token of BNB Smart Chain, BNB is required to execute smart contracts, transfer tokens, or interact with dApps on the network—all at minimal cost compared to Ethereum.
4. Trade or Invest in BNB
Traders can exchange BNB for fiat currencies (USD, EUR), stablecoins (USDT, BUSD), or other cryptocurrencies like BTC and ETH. Given its strong fundamentals and consistent performance, BNB is considered a core holding in many portfolios.
5. Earn Passive Income via Staking or Lending
You can grow your BNB holdings by staking directly on exchanges or lending through margin platforms that offer competitive Annual Percentage Returns (APRs).
👉 Start earning yield on your BNB holdings with flexible lending options.
Can You Mine BNB?
No—BNB cannot be mined. All tokens were pre-mined before the public launch in 2017. Instead of mining, new value is created through:
- Quarterly token burns that reduce total supply
- Staking rewards distributed to validators and participants
- Real-time fee burning on BSC where part of every gas fee is permanently removed from circulation
This deflationary mechanism aims to increase scarcity over time, supporting long-term price appreciation.
Why Does Binance Burn BNB?
Binance conducts scheduled quarterly burns to gradually reduce the total supply of BNB from its original cap of 200 million down to 100 million. The amount burned depends on:
- Network profitability
- Number of blocks produced on BSC
- Trading volume across Binance platforms
Additionally, a portion of transaction fees collected on BSC is automatically burned in real time—a process known as real-time gas burning—further reducing circulating supply.
This dual-burn system creates sustained deflationary pressure, which helps maintain upward price momentum even during volatile markets.
How to Stake BNB and Earn Passive Income
Staking BNB allows you to earn rewards while contributing to network security or liquidity. Here are popular methods:
- Exchange-based staking (e.g., Binance, KuCoin)
- DeFi protocols on BSC (e.g., PancakeSwap, Venus)
- Validator nodes for advanced users
On KuCoin’s platform, users can lend their BNB for fixed terms—7, 14, or 28 days—with dynamic daily interest rates based on market demand.
Rewards are automatically credited upon maturity, offering a secure way to generate yield without selling your principal.
Where to Store Your BNB Safely
Protecting your investment starts with secure storage:
- Custodial Wallets: Keep BNB on trusted exchanges like KuCoin—ideal for active traders.
- Self-Custody Wallets: Use non-custodial solutions like MetaMask or Trust Wallet.
- Hardware Wallets: Store large amounts offline using Ledger or Trezor devices.
- Paper Wallets: Cold storage option involving printed private keys (use with caution).
Always enable two-factor authentication (2FA) and avoid sharing seed phrases.
How to Convert BNB to Cash
To turn your BNB into fiat currency (e.g., USD, EUR, CAD):
- Transfer your BNB to a supported exchange.
- Sell it for a stablecoin (like USDT) or directly for fiat.
- Withdraw funds to your bank account via SEPA, SWIFT, or local payment rails.
Most major platforms support instant conversions with low slippage and fast settlement times.
Frequently Asked Questions (FAQ)
Q: What is the current price of 1 BNB in USD?
As of now, 1 BNB equals $663.19. Prices update in real time based on global supply and demand dynamics across exchanges.
Q: How many BNB tokens are in circulation?
There are currently 140,885,361 BNB in circulation out of a maximum supply of 144,008,511.
Q: Has BNB reached its all-time high yet?
BNB reached its highest price ever at $793.59. While it hasn't surpassed that level yet, it remains close to historic highs amid strong ecosystem growth.
Q: Can I use BNB to book travel or online services?
Yes—many travel agencies, gaming platforms, and online retailers accept BNB through crypto payment processors like TravelbyBit and Travala.
Q: Is staking BNB safe?
Staking on reputable platforms carries low risk. However, always research the provider’s security track record and understand lock-up periods before committing funds.
Q: Where can I check live BNB price charts?
Real-time price data, historical trends, and market analytics are available on major crypto tracking sites and exchange platforms.
👉 Access live charts and advanced tools to monitor BNB price movements now.
Final Thoughts
BNB continues to demonstrate resilience and innovation within the rapidly evolving blockchain landscape. Backed by continuous development on the BNB Chain, regular token burns, and expanding use cases—from DeFi to real-world payments—BNB offers both utility and investment potential.
Whether you're looking to save on trading fees, earn passive income, or diversify your crypto portfolio, integrating BNB into your financial strategy could deliver measurable benefits in 2025 and beyond.
Always conduct thorough research and assess your risk tolerance before investing. Cryptocurrencies are volatile—make informed decisions aligned with your goals.