BNB (BNB)
CryptoScore Pro global score : 88/100 (computed on 2026-10-28)
BNB, the native token of the Binance ecosystem, operates as a multi-functional utility asset primarily anchored to the Ethereum blockchain via its ERC-20 contract at 0xb8c77482e45f1f44de1745f52c74426c631bdd52, while also serving as the backbone of the BNB Chain ecosystem—a Layer 1 infrastructure designed to compete with Ethereum through lower transaction fees and higher throughput. Originally launched as an ERC-20 token in 2017 via an ICO, BNB evolved into the governance and gas token for Binance Chain (2019) and later Binance Smart Chain (BSC, 2020), before transitioning to opBNB, a Layer 2 solution built on BNB Chain, in 2023. Its strategic positioning bridges centralized finance (via Binance’s CEX) and decentralized ecosystems, offering liquidity discounts, staking rewards, and cross-chain interoperability. With a market capitalization ranking it among the top 4 cryptocurrencies, BNB’s utility extends beyond transactional efficiency to include participation in DeFi protocols, NFT marketplaces, and enterprise-grade blockchain solutions, making it a critical asset for developers and traders alike. The token’s deflationary mechanism—quarterly auto-burns until a capped supply of…
Scores by pillar
| Technology | 74/100 |
|---|---|
| Tokenomics | 85/100 |
| Team | 56/100 |
| Adoption | 97/100 |
| Liquidity | 99/100 |
| Compliance | 82/100 |
Market data
| Price | $754.73 |
|---|---|
| Market cap | $99.25B |
| 24h volume | $934.24M |
| Market cap rank | #4 |
| 24h change | +0.88% |
| 7d change | +0.83% |
| Blockchain | Ethereum |
| Sector | Smart Contract Platform |
Analysis
Launched in 2017, BNB is a mature asset. It powers the BNB Chain, a multi-chain infrastructure. The network uses Proof of Staked Authority, a consensus based on staked authority, with 21 validators. The token is used for gas payments, which are network fees for transactions.