BNB Price Surges After $1 Billion Token Burn
The BNB Foundation, responsible for managing the Binance Coin (BNB) supply, announced its latest quarterly burn of 1.569 million tokens on April 15, 2026.
This marks the first quarterly burn of the 2026 fiscal year and is higher than the previous quarter's volume by approximately 14.4%.
The total remaining supply of BNB stands at 136 million after this burn, leaving a 26% gap to the final burn target of at least 100 million tokens.
The value of the burned tokens was around $1.02 billion, which is lower than the previous quarter's value of approximately $1.2 billion.