🔥 BNB Completes Its 37th Quarterly Burn: 1.64 Million Tokens Worth Approximately $1.197 Billion
BNB Chain has just completed its 37th quarterly burn, sending 1.64 million BNB to a burn address where they can never be used again. At the time, they were worth approximately $1.197 billion.
When CZ reposted the figures, he tossed out a question: Which other blockchain can keep up this kind of quarterly burn?
Here are a few key points:
🔹 After the burn, the total BNB supply dropped to around 131.5 million
🔹 The long-term goal is to reduce the total supply to 100 million
🔹 In addition to quarterly burns, an automated real-time burn mechanism for on-chain gas fees is also running
My take: A burn alone won’t make the price take off overnight, but sticking to a “supply only goes down, never up” policy for 37 quarters is a form of credibility in itself. Many projects’ deflationary promises exist only in their white papers; BNB actually carries them out quarterly, and each burn can be verified on-chain. About 31.5 million tokens remain before reaching the 100 million target, so there’s still a way to go at this pace.
That said, let’s stay clear-eyed: burns are a long-term positive for the supply side, but ultimately, price depends on whether the ecosystem has real-world use and demand.
Which matters more to you in a token: a sustained deflationary burn mechanism, or actual on-chain usage? Let’s talk in the comments 👇
#BNB #BNBChain #币安 #TokenBurn
BNB Chain has just completed its 37th quarterly burn, sending 1.64 million BNB to a burn address where they can never be used again. At the time, they were worth approximately $1.197 billion.
When CZ reposted the figures, he tossed out a question: Which other blockchain can keep up this kind of quarterly burn?
Here are a few key points:
🔹 After the burn, the total BNB supply dropped to around 131.5 million
🔹 The long-term goal is to reduce the total supply to 100 million
🔹 In addition to quarterly burns, an automated real-time burn mechanism for on-chain gas fees is also running
My take: A burn alone won’t make the price take off overnight, but sticking to a “supply only goes down, never up” policy for 37 quarters is a form of credibility in itself. Many projects’ deflationary promises exist only in their white papers; BNB actually carries them out quarterly, and each burn can be verified on-chain. About 31.5 million tokens remain before reaching the 100 million target, so there’s still a way to go at this pace.
That said, let’s stay clear-eyed: burns are a long-term positive for the supply side, but ultimately, price depends on whether the ecosystem has real-world use and demand.
Which matters more to you in a token: a sustained deflationary burn mechanism, or actual on-chain usage? Let’s talk in the comments 👇
#BNB #BNBChain #币安 #TokenBurn