BNB Foundation has reached its 31st quarterly burn and taken 1,579 207 tokens from circulation. This colossal reduction, valued at approximately $ 916 million at today’s prices, confirms the project’s long -term commitment to reduce its total supply.
Burn size records marginal decline from all the time high
The latest burns are reported as a dip from the previous quarter record all the time. The 30th quarterly burn destroyed 1,634 million tokens worth approximately $ 1.16 billion. The previous burns destroyed the 1,524 million tokens via the auto-burning system and about 110,000 units via the Pioneer Burn program. The latest burns saw no tokens from the Pioneer program.
On the 31st quarter $ BNB Token Burn has been completed directly on BNB Smart Chain (BSC).
1.57 m bnb has been burned 🔥
View burn details 👇https://t.co/U6ht0dlyfe pic.twitter.com/7JWUC9DGC0
– BNB chain (@bnbchain) April 16, 2025
Token delivers close to halfway to achieve target goals
With the help of this last cut, BNB has collectively burned around 40.89 million tokens now. At a price of $ 581 per symbol, this corresponds to the value of approximately $ 23.75 billion which is extinct from the delivery forever.
The original plan in the ecosystem described in its Whitepaper has been to halve the entire supply from 200 million down to 100 million symbols. The supply that exists now amounts to approximately 139,311 million tokens, which leaves the token almost halfway towards its final mark.
The market position continues strongly even among community concerns
The circulating supply continues to be the fifth largest in market value, with its value to approximately $ 81 billion. It is the leading exchange in the market.
Some of the members of society have raised the question of whether it is rational to burn amounts so large when the money can be used to finance marketing initiatives instead.
Many have asked: Why don’t you use that marketing money instead?
Me: It’s not up to me. It was in Whitepaper. A promise is a promise.🤷D week
– cz 🔶 bnb (@cz_binance) April 16, 2025
When asked how these questions can be raised, the Binance founder Changpeng Zhao replied that the burning mechanism is a promise stated in the tokens whitepaper and simply noted: “A promise is a promise.”
Several combustion methods drive systematic delivery reduction
According to data from the foundation, BNB has two mechanisms in place to check its token supply. The first is the quarterly auto-burning that varies depending on price and network use. The other occurs in real time via BEP95 and is burning tokens within the gas charges network -wise. All burned symbols are directed into a proven “black hole” address where they are irrevocable from circulation.
Binance Coin Token has different roles in its ecosystem and runs transactions on BNB Smart Chain, OPBNB and Greenfield Networks. In addition to paying for transaction fees, it is used as a control token and reserve assets and also operates ecosystem growth.
Image from Pexels, Chart from TradingView
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