Daily Binance Coin (BNB) 24h volume history up to September 25, 2024

Published by
Raynor de Best,
Sep 25, 2024

The trading level of Binance Coin in November 2021 was not as high as it was in April and, especially, February 2021. This sudden increase in early 2021 occured as Binance's blockchain called BSC - Binance Smart Chain - was seen as a cheaper alternative in a time when the transaction fees (gas prices) of Ethereum increased. Binance Coin or BNB essentially functions as a fuel for this BSC blockchain, a place where people can create smart contracts or decentralized finance (DeFi) apps. Binance Smart Chain ranked as the second-most important blockchain for Decentralized Finance, behind Ethereum and ahead of Solana.

Binance Coin 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars)

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Release date

September 2024

Region

Worldwide

Survey time period

July 1, 2020, to September 25, 2024

Supplementary notes

Figures have been rounded.

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