$1.2 Billion BNB Sent to Dead Wallets in Major Burn as Supply Shrinks

$1.2 Billion BNB Sent to Dead Wallets in Major Burn as Supply Shrinks

Source: UToday

Published:14:42 UTC

BTC Price:$114846

#BNB #Burn #Bullish

Analysis

Price Impact

High

The 33rd quarterly bnb token burn has removed over $1.2 billion worth of bnb from circulation, significantly reducing its supply and increasing scarcity.

Trustworthiness

High

The information is directly from bnb chain's official announcement and is verifiable on the blockchain, confirming a completed on-chain event.

Price Direction

Bullish

A substantial reduction in the circulating supply through token burning generally leads to increased scarcity, which can drive up the price if demand remains constant or grows.

Time Effect

Long

While there can be short-term sentiment boosts, the primary effect of a supply reduction through burning is a fundamental, long-term alteration of the asset's supply-demand dynamics.

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Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News BNB Chain has successfully completed its 33rd quarterly BNB token burn, the BNB Foundation has just announced. The quarterly BNB token burn, the third this calendar year, has been completed directly on BNB Smart Chain (BSC). Advertisement The quarterly BNB token burn has resulted in the burning of 1,441,281.413 BNB worth $1.208 billion in monetary terms around the time of the burn. The 33rd quarterly $BNB token burn has been completed directly on BNB Smart Chain (BSC). 1.44M #BNB has been burned 🔥 View the details of the burn below ⬇️ https://t.co/GPfpeZ5fBT pic.twitter.com/kTQIHTfKvA — BNB Chain (@BNBCHAIN) October 27, 2025 The recently concluded burn has no doubt caused a reduction in the BNB supply , with the remaining supply now at 137,738,379.26 BNB. Advertisement Going forward, more BNB will be burned before the year 2025 concludes. Based on data from the BNB network, in Q4, 2025, 1,239,221.72 BNB, currently worth $1,410,378,276.356, are anticipated to be burned in the 34th quarterly burn. HOT Stories BREAKING: Strategy Snaps Up $43 Million Worth of Bitcoin Morning Crypto Report: XRP Scores Legal Win in India, Mt. Gox Delays Bitcoin Payouts, China Warns of Crypto Risks Scaramucci’s New Crypto-Related Project Is Coming XRP Reversal Sends Price Towards $1, DOGE Treasury to Go Public, Bitcoin Beats Gold, Binance’s CZ Pardoned — Top Weekly Crypto News Earlier in October, BNB Smart Chain's new standard gas fee of 0.05 Gwei was adopted across the network. BNB Chain unveils next step in data architecture Months back, BNB Chain shared its outlook for the rest of 2025 and the coming year of 2026. This includes making BNB Chain up to 20x more powerful and, hence, enabling the chain to handle far more transactions, run faster and support bigger apps by introducing a Rust-based client, super instructions and StateDB improvements. In a tweet, BNB Chain reveals Scalable DB as the next step in BNB Smart Chain’s data architecture. State growth is one of the biggest challenges facing blockchains today. For a high-throughput network like BNB Smart Chain (BSC), that challenge compounds quickly. As one of the industry’s most active networks, BNB Smart Chain’s on-chain state has grown more than 30× faster than Ethereum, reaching 3.43TB by May 2025. To prepare for future growth, BSC introduces Scalable DB, a horizontally scalable multi-database storage model. #BNB #Binance