The BNB Foundation has reached its 31st quarter token Burn and removed 1,579,207 tokens. This colossal decline worth around 916 million US dollars at today’s prices confirms the long-standing commitment of the project to reduce the overall offer.
Combustion size records the limit of the border from the all -time high
The latest burn is reported as a break -in from the overtime record of the previous quarter. The 30th quarterly burning destroyed 1.634 million tokens worth around 1.16 billion US dollars. The earlier combustion destroyed 1.524 million tokens via the auto-burn system and about 110,000 units through the Pioneer Burn program. The latest combustion saw no tokens from the Pioneer program.
The 31st quarterly $ Bnb Token Burn was completed directly on the BNB Smart Chain (BSC).
1.57 m BNB was burned 🔥
View combustion details 👇https: //t.co/u6ht0dlyfe pic.twitter.com/7jwuc9dgc0
– BNB chain (@bnbchain) April 16, 2025
Token supply near half point to achieve the target goal
With this last cut, BNB has now burned around 40.89 million tokens together. At a price of $ 581 per token, this corresponds to the value of around 23.75 billion US dollars from the offer forever.
The original plan in the ecosystem, as described in its white paper, was to halve the entire offer from 200 million to 100 million tokens. The offer that exists is now about 139.311 million tokens and leaves the token almost half of its last brand.
The market position is also strong in the middle of the community worries
The circulating offer is still the fifth largest market capitalization with its value of around $ 81 billion. It is the leading Exchange token on the market.
Some of the community members have asked the question of whether it is rational to burn so large amounts if the money can be used instead to finance marketing initiatives.
Many asked: Why don’t you use this money instead for marketing?
Me: It’s not up to me. It was in the white paper. A promise is a promise.
– CZ 🔶 BNB (@cz_binance) April 16, 2025
When asked how these problems can be addressed, Binance founder Changpeng Zhao replied that the combustion mechanism is a promise that is defined in the tokens’ white paper, and simply notes: “A promise is a promise.”
Several combustion methods promote systematic supply reduction
According to the foundation, BNB has two mechanisms to control the token supply. The first is the quarterly car fire, which varies depending on the price and network use. The second occurs via Bep95 in real time and burn to tokens within the gas fees. All burned tokens are directed into a detectable “black hole” amusement in which they are not out of blood circulation.
The Binance Coin token plays various roles in its ecosystem and drives transactions to BNB Smart Chain, OPBNB and Greenfield Networks. In addition to the payment of transaction fees, it is used as governance token and reserve assets and also driven ecosystem growth.
Selected picture of Pexels, Diagram by Tradingview
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