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

digital currency impact of small businesses cloud computing ✌️【Remote Work】✌️Invest ₹500 and let your wealth grow with our proven, secure strategies!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.

digital currency impact of small businesses cloud computing ✌️【Remote Work】✌️Invest ₹500 and experience guaranteed monthly profits. Start now!The rally was likely to do with the surging popularity ofdecentralized applications(dapps), includingdecentralized finance(DeFi), on the Binance Smart Chain.

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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.digital currency impact of small businesses cloud computing ✌️【Remote Work】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.