PNG, a versatile image format, has gained popularity due to its lossless compression and high-quality features. Known for its transparency support, wide color range, and universal compatibility, PNG is ideal for web graphics, logos, and icons. When converting images to PNG, it's essential to consider file size, transparency needs, and consistency across devices. While PNG may not be the best choice for every scenario, especially when file size is a concern, its strengths in quality and detail make it an excellent option for specific uses.

Source: https://dev.to/smartdev72/image-to-png-why-png-is-the-go-to-format-for-quality-and-versatility-57eg