BNB (Binance Coin) is the native cryptocurrency of the Binance exchange, one of the largest and most popular cryptocurrency exchanges in the world. BNB was launched through an initial coin offering (ICO) in 2017 and is used for various purposes within the Binance ecosystem.
key factors driving the market's movement is the ongoing adoption of cryptocurrencies by institutional investors and mainstream financial institutions. This trend has been further fueled by the growing interest in non-fungible tokens (NFTs) and decentralized finance (DeFi)