BTC $82,482 
ETH $2,421 
USDT $0.9993 
BNB $728.65 
XRP $1.31 
USDC $0.9999 
SOL $105.20 
TRX $0.3319 
FIGR_HELOC $1.02 
ZEC $1,144 BNB Chain burns $1.2 billion but price stays below $750
The 37th quarterly burn removed 1,646,196.44 BNB, yet the token still trades near $725 and under the 750, 752 resistance zone.
Key takeaways
- Burn tops July. The October burn removed 1,646,196.44 BNB, about 1.88% more tokens than July's 1,615,827.795 BNB.
- Supply still above target. Total supply sits at 131,512,085 BNB, leaving about 31.51 million tokens above the 100 million goal.
- Price lags burn. BNB traded near $725.45, below the 750, 752 resistance region cited in the supplied analysis.
What happened
BNB Chain completed its 37th quarterly token burn on 19 October 2026. The operation removed 1,646,196.44 BNB, valued at about $1.197 billion at the time of the burn. The BNB Foundation announced the completion and recorded the figures at 10:05 a.m. UTC.
The burn took place directly on BNB Smart Chain and cut the reported total supply to 131,512,085 BNB. The burned tokens went to the blackhole address 0x000000000000000000000000000000000000dEaD, which takes them out of circulation.
The October event removed more tokens than July's burn of 1,615,827.795 BNB, an increase of about 1.88% in quantity. The foundation valued the latest burn at roughly $265.6 million more than July's, a rise of 28.5%.
At press time BNB traded at approximately $725.45, up around 0.5% in 24 hours, with a market capitalization near $95.42 billion. The supplied technical analysis puts immediate support at 700, 703 and resistance around 750, 752.
First $778.69Latest $725.48-6.8% over the period
Points are daily observations, not closing prices.
Why it matters
The burn is part of a supply-reduction program that aims to bring total supply down to 100 million BNB. After this event, about 31.51 million tokens remain above that target, and reaching it would require removing roughly 24% of the current reported supply.
The Auto-Burn uses a formula based on the BNB price and the number of blocks produced in a quarter, and it runs separately from the Binance centralized exchange. A second mechanism, BEP-95, burns a share of gas fees in each block.
The burn has not been matched by a large price move in the available snapshot. BNB remains under the 750, 752 region that the supplied analysis flags as resistance, so the question of a return above $750 is still open.
What is still unclear
- The reports do not say whether the supply reduction will translate into a price move above the 750, 752 resistance area. The available snapshot shows BNB near $725.45 with no substantial rally after the burn.
- The foundation's burn valuations are calculated from its announcements, not from average market prices across the quarter, so the dollar figures are not market averages.
Questions readers ask
How much BNB was burned in the 37th quarterly burn?
BNB Chain removed 1,646,196.44 BNB in its 37th quarterly burn. The foundation valued the tokens at about $1.197 billion at the time of the burn.
What is BNB's total supply after the burn?
The reported total supply stands at 131,512,085 BNB. The program aims to reach 100 million BNB, leaving about 31.51 million tokens still to be removed.
Did the burn push BNB above $750?
No. BNB traded near $725.45 at press time, below the 750, 752 resistance region in the supplied technical analysis. The burn was not followed by a substantial rally in the available snapshot.
How does the BNB Auto-Burn work?
The Auto-Burn sets the burn amount with a formula based on the BNB price and the number of blocks produced in a quarter. It operates separately from the Binance centralized exchange, and BEP-95 adds a separate real-time burn of gas fees.
