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Launched by Changpeng Zhao in 2017, BNB transitioned from the Ethereum blockchain to Binance’s own BNB Chain.

top cryptocurrency spot exchanges ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!BNB is integral to the Binance Smart Chain (BSC) and is used in payments, staking, DeFi, and NFTs.

Regular coin burns and expanding real-world applications make BNB a key player in the blockchain world.As of May 2022, BNB’s all-time highest price was $686.31, recorded on May 10, 2021, according to CoinGecko.

top cryptocurrency spot exchanges ✌️【365vc.net】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!The rally was likely to do with the surging popularity ofdecentralized applications(dapps), includingdecentralized finance(DeFi), on the Binance Smart Chain.

top cryptocurrency spot exchanges ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!Binance Smart Chain (later rebranded BNB Chain) is a layer 1 network, meaning other applications can be built on top of it.

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It offers faster transactions and cheaper transaction speeds than Ethereum, but it is more centralized.The success of the BNB Chain contributes to rallies in the price of BNB because the token is needed to pay transaction fees on the chain.

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In addition to its core centralized exchange, Binance has also built adecentralized exchangeon the BNB Chain.BNB spent much of 2021-22 as the third or fourth largest cryptocurrency in the world by market capitalization.top cryptocurrency spot exchanges Blockchain Investments: Earn Up to 100% Monthly Returns

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