BNB, the cryptocurrency associated with Binance, is considered relatively stable for a few reasons. Firstly, Binance, as one of the largest cryptocurrency exchanges in the world, offers a variety of use cases for BNB within its ecosystem, such as trading fee discounts and participation in token sales, which helps maintain demand for BNB. Additionally, Binance regularly uses a portion of its profits to buy back and burn BNB tokens, reducing the overall supply in circulation and potentially supporting the price stability of BNB. These factors contribute to the perceived stability of BNB compared to other cryptocurrencies.
