BNB Price Today

What determines the price of BNB?

Buying and selling pressure sets the BNB price from one matched order to the next.

On the supply side, BNB Chain does not create new coins as block rewards. Quarterly Auto-Burns and real-time fee burns remove BNB from the total supply. The burn section below explains both mechanisms.

On the demand side, traders may respond to activity on BNB Chain, where users pay transaction fees in BNB, and to changes across the crypto market, interest rates, inflation, and liquidity on exchanges.

As of Nov 06, 2026, BNB is trading at $691.73, -2.96% over the past 24 hours, moving between a low of $683.01 and a high of $716.47 on Binance.US. Over the past 7 days the price has moved -3.55%, over the past 30 days -10.33%, and over the past year -27.30%. BNB's market capitalization stands at $90.77B on a circulating supply of 131.51M BNB, with $1.75B traded globally over the past 24 hours. These movements reflect the mechanics described above: changes in demand and a total supply that quarterly and real-time burns reduce over time, and the broader macroeconomic backdrop. This is a dated read of current conditions, not a forecast; Binance.US does not publish price targets.

How Binance.US prices BNB

The BNB price on this page comes from trades on the Binance.US BNB/USD order book. Buyers and sellers place orders, and the displayed price updates when a trade fills. Binance.US does not blend this price with quotes from other exchanges. Read more about Binance.US and the regulations it follows.

Binance.US is operated by BAM Trading Services Inc., a licensed and regulated United States cryptocurrency exchange platform that enables American residents to securely buy, sell, trade, and stake digital assets with fiat on-ramp capabilities, U.S.-based custody, and regulatory compliance. [3]

BNB's all-time high

BNB reached its all-time high of $1,370.55 on Oct 13, 2025 and its all-time low of $0.10 on Aug 01, 2017.

These records show how much BNB's price has varied since it began trading in 2017.

Today's price sits -49.64% from that high.

BNB market capitalization and circulating supply

BNB has a market capitalization of $90.77B, based on 131.51M BNB in circulation. Market cap is calculated by multiplying price by circulating supply.

Each burn permanently removes BNB from circulation, reducing circulating supply. BNB's price can also change, so market capitalization may still rise or fall as supply decreases.

BNB's fully diluted valuation is currently $90.77B. FDV estimates the value of all BNB that could exist at today's price.

• Market capitalization is the total value of all circulating BNB, calculated as the price multiplied by the circulating supply.
• Fully diluted valuation estimates what all BNB that could exist would be worth at today's price.
• Circulating supply counts the BNB available in the market today. Maximum supply is the upper limit on how many BNB can exist.
• Dominance is BNB's share of the total cryptocurrency market capitalization.

BNB price history and key milestones

BNB launched in 2017 as an ERC-20 token on the Ethereum network and migrated to Binance Chain in 2019. In 2022, Binance Chain and Binance Smart Chain formed the BNB Chain ecosystem. The asset was originally called Binance Coin. The rebrand introduced Build and Build as the meaning of BNB.

BNB Chain includes BNB Smart Chain, a layer 1 compatible with Ethereum smart contracts, and opBNB, a layer 2. Both networks use BNB for transaction fees. BNB Smart Chain uses proof of staked authority, which selects validators based on the amount of BNB staked with them.

How do burns reduce the BNB supply?

BNB burns reduce total supply by permanently removing coins from circulation. BNB has two regular burn mechanisms: the quarterly Auto-Burn and a real-time burn of a share of transaction fees. BNB Smart Chain does not create new BNB as block rewards, so validator rewards do not increase total supply. Validators earn fees from network transactions instead.[2]

Each quarterly Auto-Burn removes an amount calculated from BNB's average price and the number of blocks produced on BNB Smart Chain.[1] When the block count stays the same, a lower average price increases the burn amount, while a higher average price decreases it. The Auto-Burn continues toward a total supply target of 100 million BNB.

A separate burn, introduced through BEP-95 in 2021, removes a share of the transaction fees collected in each block. The amount rises and falls with activity on BNB Smart Chain, and the mechanism will continue after the Auto-Burn reaches its 100 million BNB target. Both burns reduce supply, but BNB's price also depends on demand.