On July 10, 2025, BNB Chain’s 32nd token burn was completed. The burn aims to enhance the token’s scarcity, potentially driving its long-term value as part of BNB Chain’s goal to reduce the total supply to 100 million tokens.
Key Details of the 32nd Token Burn
By sending tokens to a verified “blackhole” address, BNB Chain ensures they are irretrievable, effectively reducing the circulating supply. Here are the critical highlights of the 32nd BNB token burn:
- Burn Volume: 1,595,599.78 BNB tokens were destroyed, valued at over $1 billion.
- Current Supply: Post-burn, the total BNB supply stands at approximately 139,289,513.94 tokens.
- Long-Term Goal: BNB Chain aims to reduce the total supply to 100 million, with roughly 39.29 million tokens left to burn.
- Mechanism: The Auto-Burn system calculates the burn amount based on BNB’s market price and the number of blocks produced on BSC, ensuring transparency.
This burn follows the 31st quarterly event in April 2025, where 1.57 million BNB tokens worth $916 million were removed. The consistent reduction in supply has fueled investor confidence, with some analysts suggesting that the increased scarcity could drive BNB’s price higher if demand remains strong.
BNB token burn is part of a broader ecosystem strategy to support growth and stability. BNB powers transactions across BSC, opBNB, and Greenfield, while also facilitating trading fee discounts, DeFi activities, and participation in Binance Launchpad token sales.
Despite a range-bound price of around $661 recently, on-chain data shows rising active addresses and whale activity, hinting at a potential breakout.
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