Overview
Wrapped BNB (WBNB) is a cryptocurrency token created on the Binance Coin platform, launched in 2017. As a wrapped token, WBNB represents a bridged version of another blockchain's asset, maintaining parity with its original cryptocurrency.
Key Metrics
- Current Price: $658.70 USD (-0.40% change)
- 24-Hour Trading Volume: $5,503,921
- All-Time High: $748.03 (-11.94% from ATH)
- 52-Week Range: $410.60 to $777.09
Price Performance
Hourly/Daily Trends
| Comparison | 1-Hour | 24-Hour | 1-Week | 1-Month | 1-Year |
|------------|--------|---------|--------|---------|--------|
| USD | +0.06% | -0.40% | +2.26% | -1.46% | +17.02% |
| BTC | -0.38% | +0.23% | +0.34% | -4.82% | -34.91% |
| ETH | -0.06% | +1.27% | -3.33% | +1.53% | +52.86% |
👉 Explore real-time WBNB price movements
Market Insights
- Estimated Market Cap: $924,783,726 (based on total supply)
- Exchange Availability: Traded on 4 platforms
- Relative Performance: WBNB’s trading volume ($5.5M) exceeds the 2020 average ($1.7M) for similar cryptocurrencies.
Technical Analysis
| Indicator | Value | Signal |
|-------------------------|----------|------------|
| RSI (14) | 55.82 | Neutral |
| SMA (50) | 654.46 | Buy |
| EMA (200) | 629.03 | Buy |
| Williams %R (14) | -15.11 | Overbought |
Key Takeaways:
- Short-term moving averages (SMA/EMA 10–50) suggest bullish momentum.
- Volatility ranges: 16.68% (3-month) to 47.79% (12-month).
ROI & Volatility
| Metric | Performance |
|-------------------------|-------------|
| 3-Month ROI | +10.76% |
| 12-Month ROI | +24.29% |
| Max Drawdown | -33.91% |
👉 Learn how to stake WBNB for passive income
FAQs
1. What is Wrapped BNB (WBNB)?
WBNB is a tokenized version of Binance Coin (BNB) that enables cross-chain compatibility, primarily used in decentralized applications (dApps).
2. How does WBNB maintain price parity with BNB?
As a wrapped asset, WBNB’s value is pegged 1:1 to BNB through smart contracts and reserve backing.
3. Where can I buy WBNB?
WBNB is available on major exchanges like Binance, OKX, and PancakeSwap.
4. What’s the difference between WBNB and BNB?
BNB operates natively on Binance Chain, while WBNB facilitates transactions on Ethereum-compatible chains like BSC.
Final Note: WBNB combines the utility of BNB with multi-chain flexibility, making it a strategic asset for DeFi users. Always verify contract addresses when trading wrapped tokens.