PNG to WEBP keeps everything you like about PNG — sharp edges and full alpha transparency — while cutting file size by roughly a quarter to a third. WEBP supports both lossless and lossy modes, so a transparent logo stays crisp while a screenshot-heavy page gets meaningfully lighter, and every current browser renders it natively.
Use it when you are optimising a site or app and transparency is non-negotiable: app icons, diagrams, UI exports, or product shots on a transparent backdrop. The one place to stay on PNG is an older email client or a legacy desktop tool that still cannot open WEBP.