The BNB Foundation has conducted its latest, already 35th, quarterly burn of the BNB cryptocurrency on the BNB Chain network. As part of this deflationary program, nearly 1.57 million BNB were removed from circulation, which was equivalent to $1.02 billion at the time of the transaction.
This is reported by Business • Media
Reduction of BNB Supply and Program Goals
As a result of the burn, the total supply of BNB coins in the market has decreased to 134.8 million. Company representatives clarify that BNB is the primary coin of the BNB Chain ecosystem, which serves several important functions:
- payment of transactions on the BNB Smart Chain (BSC);
- supporting the operation of second-layer solutions opBNB L2;
- functioning of the decentralized storage BNB Greenfield;
- participation in on-chain governance processes as a governance token;
- supporting the strategic reserve and development of the ecosystem’s TVL.
Automated Mechanism and Market Indicators
The BNB burn mechanism involves an automatic and independently verified reduction of the total supply, aimed at gradually decreasing the available supply to 100 million coins. Such actions are intended to support price stability and the long-term value of the asset.
“At the time of writing, the price of BNB on the Binance exchange was at $625, according to TradingView. Meanwhile, the market capitalization reached nearly $84.28 billion, according to CoinMarketCap, placing the asset in fifth position in the cryptocurrency ranking.”
This burn has become the largest in the past year: in October 2025, the organization had already removed 1.44 million BNB from the market during the previous quarterly procedure.
