Investment firm offloads XRP holdings while maintaining Bitcoin exposure
Top investment firm shifts strategy, liquidating XRP assets while retaining Bitcoin, reflecting broader institutional caution in the current market.
BNB (BNB) — Price, Data & News
BNB price today
BNB (BNB) is trading at $710.57, down 0.64% over 24 hours, with a market capitalisation of $94.6B.
| Price | $710.57 |
|---|---|
| 24h change | -0.64% |
| Market cap | $94.6B |
| Rank | #4 |
| Maximum supply | 200,000,000 BNB at launch, reduced by burns |
Market data from CoinStats, refreshed continuously. See our full crypto price tracker and live market data.
What is BNB?
BNB launched in July 2017 as an exchange utility token and became the native asset of BNB Chain. It is used for transaction fees on that chain and for fee discounts on the Binance exchange, with supply steadily reduced through scheduled burns.
| Launched | July 2017 |
|---|---|
| Created by | Binance |
| Consensus | Proof of Staked Authority |
| Supply | 200,000,000 BNB at launch, reduced by burns |
BNB key facts
- Originally issued on Ethereum, later migrated to its own chain.
- Quarterly burns permanently remove BNB from supply, targeting an eventual 100 million.
- BNB Chain uses a smaller validator set than Ethereum, trading decentralisation for throughput and low fees.
- EVM-compatible, so Ethereum tooling and contracts largely work without modification.
How BNB works
A limited set of validators, selected by stake and authority, produce blocks quickly. BNB pays gas on the chain and unlocks fee discounts on the exchange. Burns are executed on a published schedule tied to network and exchange activity.
What BNB is used for
- Gas for transactions and contracts on BNB Chain
- Trading fee discounts on Binance
- Collateral and liquidity within the BNB Chain DeFi ecosystem
Latest BNB news
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Zcash Surges Over 19% This Week as Real-time Crypto Prices Show Mixed Market Movements
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Kansas Athletics Forges Landmark XRP Jersey Patch Deal
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Real-Time Crypto Prices: Bitcoin and Ethereum Post Modest Gains, Cardano Surges
Bitcoin and Ethereum recently recorded modest price increases, reflecting a period of cautious optimism in the digital asset market. Altcoins like Cardano, however, demonstrated significant upward momentum, capturing market attention. It's essential for investors to understand real-time crypto prices when navigating market volatility.
German Banks Open Crypto Trading to Millions of Retail Customers
German cooperative and savings banks are rolling out direct crypto trading services to millions of retail clients, signaling a major shift in the nation's traditionally conservative financial sector.
Trump Crypto Earnings Soar Past $1.4 Billion in 2025
Donald Trump's 2025 financial disclosures reveal over $1.4 billion in income from crypto and digital coin ventures, marking a significant financial boost.
Upcoming BNB events
- 0 Fee Carnival Extension — 30 September 2026
- Seoul Meetup, South Korea — 2 October 2026
- Binance Blockchain Week 2026 in Bangkok, Thailand — 28 November 2026
BNB FAQ
Why does BNB supply keep decreasing?
Binance runs scheduled burns that permanently destroy BNB, working toward a long-term target of 100 million from the original 200 million. Unlike a supply cap, this reduces tokens already issued.