The BNB Foundation completed its 33rd quarterly burn, destroying 1,441,281.413 BNB tokens valued at about $1.66 billion at the time. This burn reduces the total circulating supply to 137,738,379.26 BNB, steadily moving closer to the ultimate goal of 100 million tokens. The quarterly burn is part of BNB’s ongoing deflationary strategy to enhance token scarcity and potentially increase its value over time, reinforcing confidence in the BNB ecosystem.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Bitcoin’s sharp slide from recent highs is challenging major bullish narratives, with the market shedding…
Crypto markets are stuck in uncertainty. Bitcoin’s crash below the $90,000 mark has left most…
At the Devconnect conference, Vitalik Buterin warned that quantum computers could break Ethereum’s elliptic curve…
Following the launch of the spot XRP ETF, many people thought the XRP price would…
Amplify ETFs has launched the first U.S.-listed XRP option-income exchange-traded fund, called the Amplify XRP…
Ripple CTO David Schwartz and RippleX researcher J. Ayo Akinyele have shared new updates on…
