BNB Completes 35th Quarterly Burn — Supply Continues to Decline

$BNB has completed its 35th quarterly Auto-Burn, removing approximately 1.57 million tokens (~$1.02B) from circulation.

Total supply now stands at around 134.79M BNB, compared to the original 200M issued at launch.

The burn mechanism is linked to network activity, meaning higher usage can lead to more tokens being removed over time.

At the same time, BNB is currently trading near $623, still below its previous all-time high of $1,370.

From a market perspective, this creates a dynamic between:

• Gradually decreasing supply

• Ongoing network usage and demand

From a technical standpoint, price has recently moved out of a falling wedge pattern, with nearby resistance levels to watch if momentum continues.

Discussion:

Do you think BNB’s burn model has a meaningful long-term impact on price, or is demand the primary driver?

#BNB #BNBChain #Binance #Crypto