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27/10/25 15:13 UTC-04

BNB Foundation Burns $1.66 Billion Worth of BNB Tokens — Price Surges

BNB Foundation has completed its 33rd quarterly BNB token burn, permanently removing 1.44 million BNB worth nearly $1.66 billion from circulation. This reduces the total supply to 137.73 million BNB, marking another milestone toward the project’s ultimate goal — reducing total supply to 100 million BNB through deflationary mechanisms.

According to official data, 1.44 million BNB were destroyed by being sent to a “black hole” address (0x000….00dEaD) on the BNB Smart Chain (BSC) — an address from which funds can never be retrieved, ensuring permanent removal from circulation.

The burn was carried out via the automatic quarterly deflation mechanism, which adjusts the number of tokens burned based on BNB’s market price during the period and the number of blocks generated on BSC.
The higher the price and network activity, the more tokens are burned — creating a self-reinforcing cycle tied to network usage and valuation.

The market reacted positively — BNB rebounded from the $1,133 support zone, and at the time of writing, it was trading at $1,171, up 3.24% in 24 hours.
Trading volume reached $4.02 billion, and market capitalization hit $161.4 billion, placing BNB fourth among all cryptocurrencies, according to CoinMarketCap.

See also: "Now One Bitcoin Can Buy More Than 28 Ounces of Gold"

#BNB (BNB) #Price Increase

Editor: Yulia Krasnaya
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