The 35th quarterly burn is complete.
1.5M $BNB permanently removed, bringing total supply down to 134.7M (long-term target: 100M).
Market structure:
• Price consolidating around $620
• $600 support holding strong (double-bottom formation)
• Next key resistance: $800
Key data:
• 35 burns completed
• Ongoing deflation tied to ecosystem activity
• Supply continues trending lower each quarter
Signal:
Shrinking supply + strong support = building pressure.
Verdict:
$BNB shows a solid structural and fundamental setup for continuation.
BNB
643.67
+2.93%