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BNB Chain burns 1.62M BNB worth $932M in 36th quarterly token burn, reducing total supply.

Protocol Fundamentals
15 Jul 2026
UToday
View Source
Bullish
BNB Chain burns 1.62M BNB worth $932M in 36th quarterly token burn, reducing total supply.

BNB Chain completed its 36th quarterly token burn by sending 1,615,827.795 BNB tokens, valued at nearly $932 million, to dead wallets. This burn reduces the total BNB supply to 133,166,127.91 tokens as part of an ongoing auto-burn system aimed at lowering supply to 100 million BNB. The burn amount is adjusted based on BNB's price and blockchain activity, and future burns will continue directly on the BNB Smart Chain. BNB Chain also announced plans to enhance network speed and throughput in the second half of 2026, targeting a 10x performance improvement by early 2027.

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