🔥 BNB Foundation Destroys $1.197 Billion in 37th Quarterly Burn 📉
On 19 October 2026, the BNB Foundation finished its 37th quarterly token burn (sending coins to an unusable dead wallet where nobody can ever spend them again) 🪙🔒
Key numbers from the burn:
🔹 Exactly 1,646,196.44 $BNB was destroyed forever, worth about $1.197 billion.
🔸 Total supply dropped to 131,512,085 BNB, moving closer to the final goal of 100 million coins.
🔷 Across all 4 quarterly burns in 2026, over 6.20 million BNB ($4.43 billion) has been wiped out.
How it works:
⚙️ Every 3 months, an automatic formula (Auto-Burn) destroys coins based on $BNB price and network activity, running completely separate from Binance.
⛽ Daily network fees also burn a small piece of BNB inside every block automatically.
Two things to keep in mind ⚠️
1️⃣ Burned coins are not bought off the open market on burn day, so the price stayed calm near $725.
2️⃣ Shrinking supply helps long-term scarcity, but BNB is still down 47% from its $1,370 peak in October 2025.
Do you hold any $BNB in your portfolio? 👇
#BNB #BNBChain #TokenBurn #CryptoNews
On 19 October 2026, the BNB Foundation finished its 37th quarterly token burn (sending coins to an unusable dead wallet where nobody can ever spend them again) 🪙🔒
Key numbers from the burn:
🔹 Exactly 1,646,196.44 $BNB was destroyed forever, worth about $1.197 billion.
🔸 Total supply dropped to 131,512,085 BNB, moving closer to the final goal of 100 million coins.
🔷 Across all 4 quarterly burns in 2026, over 6.20 million BNB ($4.43 billion) has been wiped out.
How it works:
⚙️ Every 3 months, an automatic formula (Auto-Burn) destroys coins based on $BNB price and network activity, running completely separate from Binance.
⛽ Daily network fees also burn a small piece of BNB inside every block automatically.
Two things to keep in mind ⚠️
1️⃣ Burned coins are not bought off the open market on burn day, so the price stayed calm near $725.
2️⃣ Shrinking supply helps long-term scarcity, but BNB is still down 47% from its $1,370 peak in October 2025.
Do you hold any $BNB in your portfolio? 👇
#BNB #BNBChain #TokenBurn #CryptoNews