With a transparent background, this is the best file format for saving logos.
There are up to 16 million colors, so I want the right color. PNG is the best format for perfect tone balance.
It is more convenient to use PNG format for large file sizes.
PNG uses a lossless compression method (you encode all the information exactly as the original file and even decompress it to get the same original image).
Therefore, it is a format that should be used for created images, not photographs.