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BNB price

BNB PriceBNB

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$653.05+2.63%1D
Price Chart
BNB price chart (BNB/USD)
Last updated as of 2025-05-10 18:50:25(UTC+0)
Market cap:$92,008,014,011.34
Fully diluted market cap:$92,008,014,011.34
Volume (24h):$2,353,611,592.32
24h volume / market cap:2.55%
24h high:$677.44
24h low:$635.19
All-time high:$793.45
All-time low:$0.09612
Circulating supply:140,889,150 BNB
Total supply:
140,889,144.06BNB
Circulation rate:100.00%
Max supply:
--BNB
Price in BTC:0.006330 BTC
Price in ETH:0.2625 ETH
Price at BTC market cap:
$14,545.91
Price at ETH market cap:
$2,131.87
Contracts:
0xeeee...eeeeeee(BNB Smart Chain (BEP20))
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About BNB (BNB)

What Is Binance Coin?

Binance Coin (BNB) is a digital currency introduced by the world's largest cryptocurrency exchange, Binance in 2017. Binance Coin was originally an ERC-20 token, a standard common among Ethereum-based tokens. However, in 2019, it migrated to its own blockchain, BNB Chain. The chain is a merge from two blockchains Binance Chain and Binance Smart Chain. This independent chain allows BNB to exist outside of Ethereum's infrastructure and grants Binance the ability to tweak and improve its performance.

BNB is a utility token that provides users with a diverse range of services. It can be used to pay for transaction fees on the Binance platform at a discounted rate, participate in token sales on the Binance Launchpad, make in-store payments, and even book travel accommodations.

Resources

Official website: https://www.binance.com/en/bnb

How Does Binance Coin Work?

Binance operates as a comprehensive ecosystem for digital assets that encompasses centralized exchanges (CEX), decentralized exchanges (DEX), blockchain networks, and various cryptocurrencies. At its core is the BNB Chain, the principal blockchain network, which relies on the Proof of Stake (PoS) and Proof of Authority (PoA) consensus mechanisms to validate transactions and secure the network.

This network is divided into two distinct sub-chains. The BNB Beacon Chain, previously known as Binance Chain, takes charge of governance decisions within the network. In contrast, the BNB Chain, formerly referred to as Binance Smart Chain, is compatible with Ethereum Virtual Machine (EVM), allowing it to support a wide variety of decentralized applications (dApps). Most on-chain transactions occur on the BNB Chain, demonstrating its integral role within the Binance ecosystem.

Binance Coin’s Role in the Binance Ecosystem

Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem and serves multiple roles that extend far beyond discounted trading fees on the Binance exchange. Initially launched to incentivize trading, BNB has evolved into a versatile utility token with a wide array of applications. It acts as a bridge currency for converting different cryptocurrencies and plays a pivotal role in Binance Launchpad, where it allows users to participate in new blockchain project token sales. Additionally, BNB is integral to the BNB Chain, where it functions as the "gas" for transactions and smart contracts, making it essential for the growing decentralized finance (DeFi) sector.

The value and utility of BNB are further enhanced by various mechanisms and strategic initiatives. Binance conducts quarterly "token burns" to reduce the BNB supply and potentially increase its price. The coin is also increasingly accepted for real-world applications like travel bookings and credit card payments, thanks to partnerships like the one with VISA for the Binance crypto card. With its expanding use-cases and strategic importance in both the Binance ecosystem and the broader crypto landscape, BNB has established itself as a multifaceted asset that offers users a range of benefits and investment opportunities.

What Determines Binance Coin's Price?

Understanding the factors that influence Binance Coin's price is crucial for both investors and traders in the cryptocurrency market. One of the primary determinants of Binance Coin value is its utility within the Binance ecosystem. BNB is used to pay for transaction fees on the BNB Chain, and users who opt to pay fees in BNB often receive discounts ranging from 10% to 25%. Additionally, Binance conducts quarterly coin burns, reducing the supply of BNB based on trading volume, thereby affecting the Binance Coin market cap and, in turn, its USD price. The coin burn events are designed to continue until 50% of the total supply (100 million BNB) is destroyed, adding a deflationary aspect to the Binance Coin ROI.

Another factor that plays into BNB price prediction is the overall market sentiment and trading volume. Binance Coin price history shows that it has been susceptible to broader market trends, including regulatory news. For instance, SEC investigations and geopolitical events like Russia's invasion of Ukraine have had noticeable impacts on the BNB to USD exchange rate. Moreover, Binance Coin's technical analysis often includes cash flow calculations, which consider the sum of transaction fees saved over Binance's discount lifecycle. This approach accounts for a significant portion of BNB coin value, making it a unique asset compared to traditional cryptocurrencies like Bitcoin.

The Binance Coin price analysis also extends to its competition and positioning in the market. Binance Coin vs Bitcoin price movements can offer insights into investor preferences and risk appetites. Furthermore, the Binance Coin price forecast often incorporates its adoption in decentralized finance (DeFi) applications and non-fungible tokens (NFTs), which have been growing sectors in the blockchain space. With a market cap that has made it one of the largest cryptocurrencies, the current BNB value is not just a reflection of market speculation but also its intrinsic utility and growing adoption in various blockchain applications.

Conclusion

In conclusion, Binance Coin (BNB) is an integral part of the expansive Binance ecosystem. Initiated as an ERC-20 token, it has grown into a versatile digital asset with its own blockchain, enabling greater control and efficiency. BNB's broad range of utilities, from transaction fee discounts and token sale participation on the Binance platform, to serving as the 'gas' for the execution of transactions and smart contracts on the BNB Chain, highlights its critical role in the platform. With increasing use cases and integration across numerous platforms, BNB's value extends beyond the Binance ecosystem, underlining its position as a prominent player in the digital currency space.

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Live BNB Price Today in USD

The live BNB price today is $653.05 USD, with a current market cap of $92.01B. The BNB price is up by 2.63% in the last 24 hours, and the 24-hour trading volume is $2.35B. The BNB/USD (BNB to USD) conversion rate is updated in real time.

BNB Price History (USD)

The price of BNB is +11.31% over the last year. The highest price of in USD in the last year was $793.45 and the lowest price of in USD in the last year was $407.58.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+2.63%$635.19$677.44
7d+9.07%$584.69$677.44
30d+13.61%$575.83$667.89
90d+4.78%$509.9$730.93
1y+11.31%$407.58$793.45
All-time+566681.00%$0.09612(2017-08-01, 7 years ago )$793.45(2024-12-04, 158 days ago )
BNB price historical data (all time).

What is the highest price of BNB?

The all-time high (ATH) price of BNB in USD was $793.45, recorded on 2024-12-04. Compared to the BNB ATH, the current price of BNB is down by 17.69%.

What is the lowest price of BNB?

The all-time low (ATL) price of BNB in USD was $0.09612, recorded on 2017-08-01. Compared to the BNB ATL, the current price of BNB is up by 679300.66%.

BNB Price Prediction

When is a good time to buy BNB? Should I buy or sell BNB now?

When deciding whether to buy or sell BNB, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget BNB technical analysis can provide you with a reference for trading.
According to the BNB 4h technical analysis, the trading signal is Strong buy.
According to the BNB 1d technical analysis, the trading signal is Strong buy.
According to the BNB 1w technical analysis, the trading signal is Strong buy.

What will the price of BNB be in 2026?

Based on BNB's historical price performance prediction model, the price of BNB is projected to reach $796.04 in 2026.

What will the price of BNB be in 2031?

In 2031, the BNB price is expected to change by +38.00%. By the end of 2031, the BNB price is projected to reach $1,742.9, with a cumulative ROI of +167.23%.

FAQ

What factors could influence the price of BNB in the short term?

The price of BNB could be influenced by various factors including market sentiment, regulatory news, partnerships, technological developments, and trading volume on exchanges like Bitget.

How does the overall crypto market trend affect the price of BNB?

BNB often follows the overall crypto market trend, rising during bullish markets and falling during bearish ones. The general sentiment in the crypto market can significantly impact BNB's price.

What role do Binance Smart Chain developments play in BNB's price?

Developments in the Binance Smart Chain, such as new projects launching or network upgrades, can increase demand for BNB, potentially driving its price higher.

How does BNB’s utility within Binance affect its price?

BNB is used for transaction fee discounts and various features within the Binance ecosystem, which increases its demand and can positively influence its price.

Are token burns affecting the price of BNB?

Yes, token burns reduce the supply of BNB, which can lead to price appreciation if demand remains strong or increases.

What impact does regulatory news have on the price of BNB?

Regulatory news can significantly impact BNB's price by affecting investor confidence and the perceived legality of trading or holding the token.

Is it safe to trade BNB on Bitget Exchange?

Bitget Exchange is a reputable exchange platform that offers secure trading environments for BNB and many other cryptocurrencies.

How does investor sentiment influence BNB's price?

Investor sentiment, often shaped by news, social media, and influential figures, can cause significant price fluctuations in BNB as it affects buying and selling behaviors.

Does holding BNB for the long term make sense?

Holding BNB long-term can be beneficial if you believe in the future growth of the Binance ecosystem and broader adoption of their technologies.

How can I stay informed about the latest price predictions for BNB?

You can stay informed by following credible crypto analysts, news platforms, and using Bitget Exchange's resources to track market trends and BNB updates.

How is BNB different from other cryptocurrencies?

BNB started as a utility token for fee discounts on the Binance exchange but has expanded its utility over time. It now powers the BNB Chain, serves as a transactional currency, and is used in various dApps on the BNB Chain. Its value is closely linked to the Binance ecosystem's success.

How does the Binance token burn affect BNB's value?

Binance conducts quarterly "token burns", where a certain number of BNBs are permanently removed (burned) from circulation. This process reduces the total supply of BNB, which, according to economic principles, can create upward price pressure if demand remains constant or increases. The token burn is seen as a commitment by Binance to maintain BNB's value.

Is BNB a good investment?

Like all investments, BNB comes with its own set of risks and potential rewards. Its value is influenced by both the broader crypto market and the Binance ecosystem. Prospective investors should conduct their own research, understand the associated risks, and consider consulting with financial professionals before making investment decisions.

What is the maximum supply of BNB, and how does it impact its price?

BNB had an initial total supply of 200 million tokens. However, Binance has committed to burning half of them (100 million) over time. A capped supply can introduce scarcity, which, when coupled with increasing demand, can result in upward price pressure.

How does staking BNB work, and does it influence its value?

BNB can be staked to support network operations like transaction validation on BNB Chain. Stakers may receive rewards for their participation. Staking can influence BNB's value because it locks up a portion of the circulating supply, potentially reducing available supply and creating upward price pressure.

What are the use cases of BNB?

Binance Coin (BNB) has evolved significantly since its launch, and its use cases have expanded beyond just being a utility token for the Binance platform. Here are some of the primary use cases of BNB: - Trading Fee Discounts on Binance: Initially, BNB's primary use case was to provide users with trading fee discounts on the Binance platform. Users could opt to pay their trading fees in BNB, which would grant them a discount. This discount has been reduced over the years, according to a pre-established schedule. - Binance Chain & Binance DEX: BNB is used as the native cryptocurrency on Binance Chain, a blockchain platform developed by Binance. BNB is essential for executing transactions on Binance DEX, the decentralized exchange feature of Binance Chain. - BNB Chain: BNB is used as gas for executing smart contracts on BNB Chain, a parallel chain to Binance Chain that supports smart contract functionality. BNB Chain has been rapidly adopted due to its low transaction fees and high performance, and BNB's role in this ecosystem boosts its utility significantly. - Token Sales on Binance Launchpad: BNB can be used to participate in token sales hosted on Binance's token launch platform, Binance Launchpad. Many new projects choose to raise funds through this platform, and BNB is often a required medium of exchange for participating. - Staking: BNB can be staked on certain platforms, allowing users to earn rewards. On the Binance platform itself, there are often staking opportunities that let users earn interest on their BNB holdings. - Payments and Transactions: Some merchants and service providers accept BNB as a method of payment, extending its utility beyond the Binance ecosystem. Additionally, Binance has a crypto card that allows users to spend BNB at traditional points of sale. - Financial Services: BNB can be used in various DeFi (Decentralized Finance) projects on BNB Chain, serving roles such as collateral in lending platforms, liquidity provision in decentralized exchanges, and more. - Token Burns: Binance conducts periodic token burns where a certain amount of BNB is removed from circulation permanently. While not a direct "use case" in the traditional sense, it's an important factor influencing BNB's supply and value. - Cross-Chain Functionality: BNB can be used on other blockchains with wrapped tokens or bridges, enabling it to be used in ecosystems outside of Binance Chain and BNB Chain.

What is the current price of BNB?

The live price of BNB is $653.05 per (BNB/USD) with a current market cap of $92,008,014,011.34 USD. BNB's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. BNB's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of BNB?

Over the last 24 hours, the trading volume of BNB is $2.35B.

What is the all-time high of BNB?

The all-time high of BNB is $793.45. This all-time high is highest price for BNB since it was launched.

Can I buy BNB on Bitget?

Yes, BNB is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in BNB?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy BNB with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

BNB holdings by concentration

Whales
Investors
Retail

BNB addresses by time held

Holders
Cruisers
Traders
Live coinInfo.name (12) price chart
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3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
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Cryptocurrency investments, including buying BNB online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy BNB, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your BNB purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

BNB ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

Bitget Insights

Imran_gaya
Imran_gaya
8h
$PI $CIO The Next Big Thing in Crypto? Join Opincur – Solana-based, real-world powered. Mine FREE tokens daily. No battery drain. No cost. Start early. Earn big. Use code: asifwick $BTC $ETH $SOL $DOGE $XRP $CIO $OPINCUR $WEB3 $MINING $AIRDROP $BTC $DOGE $ETH $XRP $BCH $RED $MUBARAK $PAWS $PAW $TRUMP $BNB $SOL $ADA $USDC $TRX $SLF $PEPECOIN $TON $BABYDOGE
RED+1.80%
BTC+0.23%
THEDEFIPLUG
THEDEFIPLUG
10h
$MBG Is the Most Asymmetric R:R Play in the CEX Category. The last time we saw this setup a deflationary token model, real volume behind it, and early-stage access, it was 2018. The token? $BNB. Lets explore more 🧵
BNB-1.99%
Coinedition
Coinedition
10h
BNB Eyes $700 as CZ Pushes 90% Binance Chain Fee Cut
On May 9, Binance Coin (BNB) climbed to $642.92, rising over 10% in 24 hours. The price rally followed a proposal from Binance founder Changpeng Zhao (CZ) to cut gas fees on Binance Smart Chain (BSC) by 90%. The four-hour chart showed a breakout with volume reaching 34,190 BNB. The 50-period Exponential Moving Average (EMA) stood at $607.82, confirming bullish momentum. Changpeng Zhao submitted a Binance Evolution Proposal (BEP-336) to reduce gas fees on the Binance Smart Chain by 90%. The proposed change aims to lower transaction costs and improve competitiveness against Solana and Ethereum. BNB Smart Chain’s current gas model uses a fixed base fee plus a priority fee. CZ’s plan includes replacing the fixed fee with a blob-carrying transaction format. This format is similar to Ethereum’s Proto-Danksharding introduced via Ethereum Improvement Proposal (EIP-4844) in March 2024. The blob-carrying transaction model allows blockchains to store more data at lower costs. It enables better scalability and faster throughput. On Ethereum, Proto-Danksharding reduced Layer 2 fees by over 90%. CZ’s proposal brings this structure to the BNB Smart Chain as well. If the community approves it, the change could drop average BSC transaction fees to just 0.0005 BNB from the current 0.005 BNB. BNB’s price rally also reflected in technical indicators. The Relative Strength Index (RSI) on the four-hour chart surged to 78.42 on May 9, crossing the key threshold of 70. This indicates overbought conditions, typically seen during strong upward price trends. The RSI moving average also reached 66.64, supporting bullish momentum. The rising RSI aligns with BNB’s sharp price breakout and high trading volume. It highlights intensified buying pressure and reinforces expectations of further upside movement. If current momentum holds, BNB could approach the $700 mark. That level was last tested in early 2022. The next price move now depends on the outcome of the community vote on Binance Evolution Proposal 336 (BEP-336). Binance Chain validators will decide whether to adopt the new fee model through a hard fork. A successful vote could expand BNB’s role in decentralized applications by reducing average transaction costs by 90%. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
GAS+0.40%
MOVE+5.21%
CoinnessGL
CoinnessGL
10h
BNB Chain sees active addresses double to over 2M in 30 days $BNB Chain saw its active addresses double from 1 million to over 2 million in the past 30 days, according to a recent report by @nansen_ai on X.
X+15.40%
BNB-1.99%
Itzabcrypto
Itzabcrypto
11h
▶crypto news for May 10, 2025: Market Overview Bitcoin ($BTC ) has risen above $103,000, driven by investor optimism, expectations of lower interest rates, and improved global trade sentiment. Ethereum ($ETH ) is also gaining momentum, surpassing $2,300 as traders eye the weekly market close. $XRP is holding around $2.38 amid speculation about a possible XRP ETF and Ripple’s aggressive expansion efforts. Top News 1. Ripple’s Bold Moves Ripple is expanding its reach with a new partnership with Chipper Cash to improve cross-border payments in Africa. It has also made a $10 billion offer to acquire Circle, indicating a push into stablecoin dominance. 2. Bitcoin Solaris Launches Nova Bitcoin Solaris is releasing a new app called Nova, which allows users to mine cryptocurrency using their smartphones—making mining more accessible than ever. 3. AI-Powered Crypto Tools Debut Two new AI agents—Grok AI and MIND of Pepe—are launching today. These tools are designed to offer crypto insights and interact with users on social platforms like X (formerly Twitter), representing a leap forward in AI integration in the crypto space. 4. Celsius Founder Sentenced Alex Mashinsky, the founder of Celsius Network, has been sentenced to 12 years in prison for defrauding investors through misleading practices in the crypto lending market. Crypto Prices Snapshot Bitcoin (BTC): ~$103,609 Ethereum (ETH): ~$2,358 $BNB : ~$661 $XRP : ~$2.38 Cardano ($ADA ): ~$0.78 Upcoming Events May 14–16: Consensus Toronto – a major blockchain industry event. May 19–22: Microsoft Build – expected to highlight blockchain developments. May 20–21: Google I/O – potential announcements on AI and blockchain. May 22: Exclusive dinner event for TRUMP token holders, possibly affecting market sentiment.
BTC+0.23%
X+15.40%

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