BNB Price
BNB is the token at the centre of the ecosystem around Binance, the largest cryptocurrency exchange in the world by trading volume. It first appeared in 2017 as a token issued on Ethereum and later moved onto its own network, now known as BNB Chain. Today it …
Market data via Binance · signals computed live from daily closes · not financial advice.
BNB sits below both its 50-day (near $598) and 200-day (near $673) averages in a steady downtrend, holding above support near $537 but without the momentum to challenge its declining averages.
BNB's value is linked to the Binance exchange ecosystem and its periodic supply burns. That gives it a clearer utility anchor than most large-caps, but also concentrates its fortunes in a single platform — a concentration we keep front of mind.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- MACD is above its signal line — near-term momentum is upward.
Risks · headwinds
- Trading 57% below its 52-week high — well off recent peaks.
- Max drawdown of -58% over the window — has endured deep peak-to-trough losses.
Supply structure
How much BNB is in circulation versus its fixed maximum — 70.0% of the maximum is circulating today.
BNB derivatives
Live perpetual-swap metrics. Funding is the periodic payment between longs and shorts; open interest is the total value of outstanding contracts. Informational — not a recommendation to trade leveraged products.
Source: Binance Futures · funding shown per 8h and annualised. Leveraged products carry high risk; informational only.
What the markets price for BNB
Implied probabilities from live Polymarket prediction markets that mention BNB. Each figure is the market-priced chance of the outcome resolving Yes — a crowd forecast, not ours.
Source: Polymarket · probabilities reflect current market prices and change continuously. Shown for context only — not a forecast, endorsement or financial advice.
Convert BNB to US Dollar
Two-way BNB ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About BNB
BNB is the token at the centre of the ecosystem around Binance, the largest cryptocurrency exchange in the world by trading volume. It first appeared in 2017 as a token issued on Ethereum and later moved onto its own network, now known as BNB Chain. Today it works both as an exchange token and as the fuel for a large blockchain platform.
The token has several everyday uses. Traders can hold it to receive discounts on fees when using the Binance exchange, and it pays the transaction costs, or gas, needed to move funds and run applications on the BNB Smart Chain. It also acts as a gateway to a wide range of products across the ecosystem, from decentralised apps to token launches.
One feature holders pay attention to is the burn. On a recurring basis, a portion of BNB is permanently taken out of circulation, which steadily shrinks the total number of coins over time. Supporters see that shrinking supply as a way the token can reflect the growth of the network and the exchange behind it.
It helps to remember that BNB is not a neutral, permissionless coin in the way Bitcoin is. Its value is entangled with the commercial success and legal standing of one of the industry’s largest companies, which has faced regulatory scrutiny in several countries. For anyone weighing BNB, getting to grips with Binance itself, its business model and the jurisdictions it operates in, is very much part of the picture.
The flip side of BNB’s tight link to Binance is that its fortunes rise and fall with the company and its chain. That concentration is a genuine risk. BNB is far more centralised than an asset like Bitcoin, and it is more exposed to regulatory action aimed at Binance itself. Anyone looking at BNB is, in part, taking a view on the company. As always, this is educational context and not financial advice, and the token is volatile.
BNB vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| BNB BNB | $584.93 | +0.91% | $81.89B |
| XRP XRP | $1.07 | +0.07% | $62.30B |
| Solana SOL | $73.00 | -0.15% | $34.68B |
| TRON TRX | $0.3263 | -0.67% | $28.26B |
| Monero XMR | $365.07 | +0.27% | $6.73B |
| Cardano ADA | $0.1863 | +4.08% | $6.61B |
BNB FAQ
What is BNB?
It is the token that powers the BNB Chain ecosystem and doubles as Binance’s own exchange token, covering gas on BNB Smart Chain and unlocking trading-fee discounts on the exchange.
What is a BNB burn?
A burn destroys a fixed portion of BNB for good. Repeated over time, these burns gradually thin out the total supply.
Is BNB decentralised?
Not to the degree Bitcoin or Ethereum are. It is bound closely to Binance, and its chain relies on a smaller validator set, which raises both centralisation and regulatory questions.
What backs demand for BNB?
Everyday uses such as gas, fee discounts and access to ecosystem products, combined with a burn programme that steadily reduces supply.
Is BNB a good investment?
That is not a verdict Crypto House will hand you, because we exist to explain crypto rather than to steer your money. What we will say plainly is that BNB moves sharply and is tied directly to Binance’s performance and regulatory standing, which concentrates the risk. Read widely, understand the downside, and decide what suits your own circumstances.
Where does the BNB price on this page come from?
Everything you see update here, the latest BNB price, its move over the past day and the trading volume, is read live from Binance’s public market feed. For the market-cap figure we take that price and multiply it by the circulating supply we track internally.
Last updated Aug 3, 2026