BNB Chain Completes 32nd Quarterly Token Burn, Reinforcing Potential Deflationary Strategy
The post BNB Chain Completes 32nd Quarterly Token Burn, Reinforcing Potential Deflationary Strategy appeared on BitcoinEthereumNews.com.
BNB Chain has successfully executed its 32nd quarterly token burn, significantly reducing the circulating supply and reinforcing its deflationary economic model. The burn removed 1,595,599.78 BNB tokens, bringing the total supply down to approximately 139.29 million, moving closer to the targeted cap of 100 million BNB. According to CoinSpeaker, “BURNS are a consistent, planned part of BNB Chain’s economic model, indicating a long-term commitment to token value.” BNB Chain’s 32nd quarterly burn reduces supply by nearly 1.6 million tokens, underscoring its deflationary strategy and long-term value commitment. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); BNB Chain’s 32nd Token Burn Advances Deflationary Strategy The BNB Foundation recently oversaw the 32nd scheduled token burn, permanently removing 1,595,599.78 BNB from circulation. This burn is part of a systematic approach designed to reduce the total supply of BNB tokens, which currently stands at 139,289,513.94. By sending tokens to a verifiably inaccessible black hole address, the burn process ensures these tokens are irretrievably destroyed, reinforcing the deflationary nature of BNB’s economic model. This strategy aims to enhance scarcity, potentially supporting token value appreciation over time while aligning with the broader goals of the BNB Chain ecosystem. Impact on BNB Ecosystem and Market Dynamics Under the stewardship of the BNB Foundation, which has taken over communications following Changpeng Zhao’s departure, the token burn reflects a continued commitment to maintaining BNB’s deflationary trajectory. BNB remains…
Filed under: News - @ July 11, 2025 4:28 am