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BNB Chain burns 1.61M tokens worth $932M, reducing supply closer to 100M target

Protocol Fundamentals
15 Jul 2026
Crypto news
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Bullish
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BNB Chain completed its 36th quarterly token burn, permanently removing 1.61 million BNB tokens valued at approximately $932 million. This burn reduced the total BNB supply to about 133.17 million, moving closer to the long-term goal of 100 million tokens. The burn process now occurs directly on the BNB Smart Chain, sending tokens to a blackhole address to ensure they cannot re-enter circulation. The Auto-Burn system will continue quarterly burns based on network activity and BNB price, alongside real-time gas fee burns, to steadily reduce supply over time.

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