BNB Chain Burns $1.2B in Tokens Auto Burn

BNB’s latest $1.2 billion burn reinforces its deflationary model as other projects, including Trump-backed WLFI, follow similar token reduction paths.

BNB Chain Burns $1.2B in Tokens Auto Burn

The BNB Foundation confirmed the successful completion of its 33rd quarterly BNB token burn, permanently removing 1,441,281.413 BNB, worth approximately $1.2 billion, from circulation. Following the burn, BNB’s total supply stands at 137.7 million tokens, with the network continuing its long-term goal of reducing supply to 100 million BNB.

The burn followed BNB Chain’s Auto-Burn mechanism, which adjusts based on BNB’s price and block production on BSC. Independent from the Binance exchange, the system ensures transparent, predictable supply management, with tokens sent to a “blackhole” address for permanent removal.

Binance founder Changpeng Zhao commented on X that “roughly $11,000 worth of BNB is burned every minute,” underscoring the scale of the process.

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