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BNB Chain burns 1.61M tokens worth $932M, reducing supply to 133.16M BNB amid price rebound.

Protocol Fundamentals
15 Jul 2026
Coinpaper
View Source
Bullish
pluang ai news

BNB Chain completed its 36th quarterly token burn, destroying 1,615,827.795 BNB tokens valued at approximately $931.70 million. This burn reduced the total BNB supply to 133.16 million, part of a long-term plan to lower supply to 100 million. The burn amount adjusts based on network activity and BNB price, and tokens are permanently removed from circulation. BNB price rebounded near $580.86, supported by technical indicators suggesting mild bullish momentum, with potential resistance levels at $584 and above.

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