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Altcoins & DeFi

BNB Chain burns $1.2B in October tokens, leaving real supply impact hidden

Image: CryptoSlate

BNB’s Oct. 19 quarterly burn retired 1.9% more tokens than July’s, while its disclosed dollar valuation rose 28.5%. The additional supply reduction was about 30,369 BNB, a much smaller change than the dollar comparison alone suggests. BNB Foundation announced the completed 37th burn on Oct. 19, reporting 1,646,196.44 BNB destroyed with an approximate value of $1.197 billion. Its July 15 disclosure reported burning 1,615,827.795 BNB, valued at about $931.7 million. For holders assessing scarcity, the token count measures the size of each retirement. The two disclosures show a modest increase in the number of coins removed, along with a much higher implied valuation per coin. The comparison below uses each announcement’s published figures. Dividing each disclosed dollar total by its token amount produces the implied per-coin figures in the table.

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