BNB Chain Burns 1.61M Tokens Worth $932M in 36th Quarterly Event

2026-07-16 19:00

Woofun AI reports that BNB Chain has finalized its 36th quarterly token burn, eliminating 1,615,827.795 BNB from circulation. The destroyed tokens were valued at approximately $932 million at the time of execution.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.

Trending News

Public Chains Outperform Private: ARK and Sentora Refute a16z’s TradFi Thesis

Miner Reserves Rise 1% as Hashrate Drops and Revenue Stress Mounts

Avalanche RWA Assets Hit $2.1B as AVAX Price Lags Behind Institutional Adoption

AI Agents Outpace Legacy Cards, Sparking $262B Stablecoin Shift

BlackRock’s $82M Profit Masks $30B Crypto Loss, Pivoting to Wallet-Native Asset Management

JPMorgan Cuts Circle Forecasts as USDC Margins Erode in Distribution Shift

Senate Unanimously Blocks SBF Clemency; Market Odds Remain Below 1%

Ethereum $478M Outflow Clashes With Whale Shorts, Market Direction Hinges On ETF Inflows

Bitcoin Bottoming Signals Emerge as Long-Term Holder Panic Selling Cools and Macro Drivers Shift

Tether’s $20M Ualá Bet Signals Aggressive Latin American Crypto Infrastructure Push