Binance Coin (BNB) is the primary token of the Binance exchange, utilized for transaction fees and rewards within the platform. With a maximum supply of 200 million tokens, more than 153 million BNB tokens are currently in circulation. The market capitalization of BNB exceeds $91 billion, reflecting a significant surge in value from $290 in January 2024 to $724 in June of the same year. The price metrics and tokenomics of BNB demonstrate its growing popularity and market performance.
Binance Coin Tokenomics and Price Analysis
by Giorgi Kostiuk
2 years ago
0
Other news
Hyderabad Police's Role in Coinbase Data Breach Arrest
The arrest of a former Coinbase customer service agent by the Hyderabad Police highlights the critical role of global collaboration in combating cybercrime.
Crypto Market Enters a Quiet Phase as Traders Await Signals
The crypto market is experiencing a calm period as traders await clear signals before acting.
Interhash Acquires Controlling Stake in Neopool
Interhash has acquired a controlling stake in Neopool, a leading Bitcoin mining pool, during the Bitcoin MENA 2025 conference.
Bitcoin Remains Steady Amid Market Consolidation
Bitcoin is holding steady within a descending range, while several altcoins are quietly building strength.
Can XRP Price Reach $100? Experts Weigh In
The feasibility of XRP reaching a price of $100 is being debated among investors and analysts, considering its large supply and market conditions.
Michael Selig Appointed as CFTC Chair to Strengthen US Crypto Regulations
Michael Selig has been appointed as the Chair of the CFTC to enhance US crypto regulations.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter