BNB Foundation Completes 35th Quarterly Burn, Destroying Over 1.56 Million BNB

Techub News reports that the BNB Foundation has successfully completed the 35th quarterly BNB burn. This burn was carried out through its automatic burn mechanism, permanently removing a total of 1,569,307.34 BNB from circulation. Based on the market price at the time of the burn's completion, the total value of the tokens destroyed is approximately $1.02 billion. Following this action, the total circulating supply of BNB has been reduced to approximately 134.8 million, steadily approaching the final reduction target of 100 million.