The BNB Foundation completed its 37th quarterly burn on October 19, removing approximately 1.65 million BNB tokens, which is about 1.25% of the total supply after the burn. This burn is part of an ongoing program that adjusts the amount burned based on BNB's price and blockchain activity, aiming to reduce total supply to 100 million BNB over time. Other blockchain networks like Ethereum, Solana, XRP Ledger, Avalanche, and Shiba Inu use different token burn mechanisms tied to transaction fees or scheduled burns. The overall supply changes depend on the balance between tokens burned and new tokens issued, highlighting the complexity of supply management across different networks.
While BNB's token burn reduces supply to enhance value, other tokens on Pluang show varied price trends as of Nov 3, 2026, 19:03 WIB. Ethereum trades at Rp41.126.548, down 0.69%, contrasting with Avalanche's smaller dip of 0.25% at Rp154.766. Solana and SHIBA INU face steeper declines of 1.40% and 1.26%, respectively, highlighting diverse market reactions despite different supply mechanisms.
On November 3, Solana recorded significantly higher 24-hour active addresses (2.63 million) and transactions (94.65 million) compared to Ethereum's 495,808 addresses and 1.88 million transactions. However, Ethereum's decentralized finance (DeFi) tota...
Arbitrum's Security Council froze $30 million worth of Ethereum and ARB tokens linked to a Binance exploit, sparking debate about the network's decentralization. The freeze followed a market-wide sell-off that pushed ARB prices down 4.5%, with techni...
Ethereum's price has fallen about 12% from pre-Binance hack levels, slipping below the $2,300 support amid large outflows from DeFi and a recent Ethereum chain reorganization. Bitcoin's weakness has amplified ETH's decline, but on-chain data shows si...
BitMine purchased 5,000 Ether (ETH) from Kraken in a deal valued at approximately $11.37 million. This acquisition means BitMine now holds 4.9% of the total supply of Ether, highlighting a significant stake in the cryptocurrency. The move could influ...
A single large Ether (ETH) long position worth $8.35 million was liquidated on Binance's perpetual futures market. The liquidation occurred at a price of $2,250 on November 2 at 12:45 p.m. ET (17:45 UTC). This event highlights the volatility and risk...
