The quarterly #37 burn of #BNB eliminated 1,646,196 tokens (≈1.2 billion USD), but the price fell 3% over the week.
This confirms that burns reinforce long-term scarcity, although they are not enough to reverse immediate downtrends.
🔥 Key details of burn #37
• Date: October 19, 2026
• Amount destroyed: 1,646,196.44 $BNB. Estimated value: between 1.0 and 1.2 billion USD.
• Total supply remaining: ~131.5 million BNB.
• Price at the time of the burn: around 724.76 USD
BNB burns are a solid deflationary mechanism that reinforces scarcity and the long-term value narrative. However, they are not enough to counter weekly declines if demand doesn’t follow. The price of BNB will depend more on real ecosystem adoption and the macroeconomic context than on the size of each burn. (Follow me $SUI)
This confirms that burns reinforce long-term scarcity, although they are not enough to reverse immediate downtrends.
🔥 Key details of burn #37
• Date: October 19, 2026
• Amount destroyed: 1,646,196.44 $BNB. Estimated value: between 1.0 and 1.2 billion USD.
• Total supply remaining: ~131.5 million BNB.
• Price at the time of the burn: around 724.76 USD
BNB burns are a solid deflationary mechanism that reinforces scarcity and the long-term value narrative. However, they are not enough to counter weekly declines if demand doesn’t follow. The price of BNB will depend more on real ecosystem adoption and the macroeconomic context than on the size of each burn. (Follow me $SUI)