BNB Chain completed its 37th quarterly token burn, permanently removing about 1.65 million BNB tokens valued at approximately $1.197 billion. This burn increased the total tokens removed compared to July and reduced the circulating supply to around 131.51 million, moving closer to the long-term target of 100 million tokens. Despite the supply reduction, BNB's price remains steady near $725 but continues to face resistance around the $750-$752 range, with technical indicators showing weak buying momentum. The burn is part of an ongoing programmed supply reduction aiming to strengthen the token's value over time.
BNB Chain's latest token burn removed about $1.2 billion worth of BNB tokens, marking its 37th quarterly burn and reducing circulating supply to roughly 131.51 million tokens. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 19, 2026 18:21 WIB: out of 50 major cryptocurrencies, 23 rose and 25 fell today. Notable movers include SXP down 46.27% to Rp37, BAL up 11.14% to Rp16.297, and EOS up 8.13% to Rp12.649, with typical hold times ranging from 85 to 94 days on Pluang.
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