Big news: BNB’s 37th quarterly burn is complete, with around $1.2 billion burned this time 🔥
Official figures:
🔹 Burned this time: 1,646,196.44 BNB
🔹 Worth approximately $1.197 billion at the time of the burn
🔹 The previous quarter’s burn (the 36th) was 1,615,827 BNB, so this one was slightly larger
🔹 Total supply remaining after the burn: 131,512,085 BNB
This burn was once again carried out through the Auto-Burn mechanism. The amount is calculated using a formula based on the price of BNB and the number of blocks produced during the quarter—it isn’t decided on the spot. The ultimate goal is to reduce the total supply to 100 million, which means about 31.5 million BNB still need to be burned.
At a pace of around 1.6 million BNB per quarter, this deflationary journey will take several more years. Burns are a long-term narrative; in the short term, prices will still depend on overall market sentiment.
How much support do you think ongoing burns really provide for BNB?
#加密金库存款超100亿美元 #BNB #BTC
Official figures:
🔹 Burned this time: 1,646,196.44 BNB
🔹 Worth approximately $1.197 billion at the time of the burn
🔹 The previous quarter’s burn (the 36th) was 1,615,827 BNB, so this one was slightly larger
🔹 Total supply remaining after the burn: 131,512,085 BNB
This burn was once again carried out through the Auto-Burn mechanism. The amount is calculated using a formula based on the price of BNB and the number of blocks produced during the quarter—it isn’t decided on the spot. The ultimate goal is to reduce the total supply to 100 million, which means about 31.5 million BNB still need to be burned.
At a pace of around 1.6 million BNB per quarter, this deflationary journey will take several more years. Burns are a long-term narrative; in the short term, prices will still depend on overall market sentiment.
How much support do you think ongoing burns really provide for BNB?
#加密金库存款超100亿美元 #BNB #BTC