BNB Foundation Completes 35th Quarterly Burn, Destroying 1.569 Million BNB

Odaily News BNB Foundation has officially announced the completion of its 35th quarterly token burn. This round saw a total of 1.569 million $BNB burned on the BNB Smart Chain (BSC), valued at approximately $1.02 billion. Following this burn, the total circulating supply has been reduced to approximately 134.8 million.

The ultimate goal of the BNB burn is to reduce the total supply to 100 million tokens. The ongoing burn mechanism is designed to support the long-term healthy development of the BNB Chain ecosystem.