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

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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