BNB Market Cap – Binance Coin Market Capitalization Data
Binance Coin (BNB) has a live market capitalization of approximately $85.4 billion USD, making it the 4th largest cryptocurrency by market cap as of March 23, 2026. Market cap is calculated by multiplying the current BNB price by the circulating supply of approximately 140 million BNB tokens.
BNB's market cap has grown substantially since its launch in 2017. At the peak of the 2021 bull run, BNB's market cap exceeded $90 billion USD when prices reached all-time highs above $1,300. The current market cap reflects BNB's consolidation phase in early 2026.
The fully diluted valuation (FDV) of BNB, which assumes all 200 million maximum tokens are in circulation, currently stands at approximately $85.4 billion USD – similar to the market cap since most tokens have already been distributed or burned.
BNB Market Cap Overview
- Market Cap: $85.4 Billion USD
- Rank: #4 by Market Cap
- Circulating Supply: 140 Million BNB
- Max Supply: 200 Million BNB
- Fully Diluted Val.: $85.4 Billion USD
- 24h Volume/MCap: ~2.5%
BNB's market cap exceeding $85 billion demonstrates strong investor confidence in the Binance ecosystem and the utility of Binance Coin.
– priceofbnb.org
BNB Market Cap vs Other Cryptos
BNB consistently ranks in the top 5 cryptocurrencies by market cap, competing with assets like Solana, XRP, and Tether. Its strong market position is supported by Binance's dominant exchange volume, BNB Chain's growing DeFi ecosystem, and ongoing token burns.