BNB Chain Burns Over 1.59 Million BNB Coins Worth $1.02 Billion in Latest Burn

BNB Chain спалила понад 1,59 млн BNB вартістю близько $1,02 млрд 

BNB Chain has successfully completed its 32nd quarterly burn of BNB tokens, removing over 1.59 million coins from circulation, amounting to approximately $1.02 billion.

This is reported by Finway

Details of the Latest Burn

On July 10, 2025, the BNB Chain platform conducted another burn of the BNB cryptocurrency, removing 1,595,599 coins from the market. At the current exchange rate, this is equivalent to about $1.02 billion. The majority of the destroyed tokens — 1,595,470.69 BNB — were burned according to the Auto-Burn algorithm, while an additional 129.10 BNB were burned as part of the Pioneer Burn program.

The main goal of such measures is to reduce the total supply of BNB in circulation to 100 million coins. After this burn, the token supply decreased to just over 139.28 million, meaning that over 39.28 million BNB still need to be burned to reach the target level.

BNB Price and Outlook

At the time of preparing this material, the price of one BNB exceeds $670. The price dynamics and reduction in supply may positively impact the token’s market position.

“The total circulating supply of BNB is planned to be reduced to 100 million coins. After the update, the remaining supply of the asset is just over 139.28 million coins. Therefore, more than 39.28 million coins still need to be burned to reach the target level.”

Previously, YZi Labs (formerly Binance Labs) announced its intention to support the establishment of the BNB Treasury Company, which will specialize in holding BNB tokens. The project is being implemented in partnership with the investment firm 10X Capital.

BNB/USDT Exchange Rate on Binance. Source: TradingView.

BNB/USDT Exchange Rate on Binance. Source: TradingView.

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