BNB Chain Burns $1.28B Worth of Tokens as BNB Holds Strong Above $900

BNB, the native token of the BNB Chain ecosystem, continues to show strength in early 2026 as the network executes its 34th quarterly token burn, removing 1.37 million BNB from circulation. 

With the total value of burned tokens estimated at $1.28 billion, this latest supply reduction reinforces BNB’s long-term deflationary model.

At the same time, BNB price holds firmly above $900, trading around the $930–$935 range, supported by rising on-chain activity, growing Total Value Locked (TVL), and renewed transactional demand across the BNB Smart Chain.

This combination of reduced supply and stronger network fundamentals has positioned BNB as one of the most resilient major cryptocurrencies entering 2026.

Key Takeaways

• BNB Chain burned 1.37 million BNB (~$1.28B), reducing total supply.
• BNB price remains strong above $900, gaining over 3% this week.
• Rising TVL and transaction volume suggest renewed demand and network growth.

Trade with confidence. Bitrue is a secure and trusted platform for Bitcoin and altcoin investors. Start trading on Bitrue.

BNB Chain Completes the 34th Quarterly Burn

The BNB Foundation confirmed the destruction of 1,371,803.77 BNB tokens as part of its automated quarterly burn mechanism.

• Standard Burn: 1,371,703.67 BNB
• Pioneer Burn: 100.1 BNB
• Total Burn Value: Approximately $1.277 billion

Following this burn, the circulating supply now stands at 136.36 million BNB, bringing the network closer to its long-term target of reducing supply to 100 million BNB.

This token burn is part of BNB Chain’s Auto-Burn program, which calculates burn amounts based on:

• BNB’s market price
• The number of blocks produced on BNB Smart Chain (BSC)

This ensures a transparent and predictable reduction schedule, independent of Binance exchange operations.

Read Also: BNB Chain 2026 Roadmap: Targets and Near-Instant Finality Explained

How the BNB Burn Mechanism Works

BNB burns are executed through a combination of:

1. Quarterly Auto-Burn

A formula-based system that permanently destroys tokens by sending them to the BSC blackhole address: 

0x000000000000000000000000000000000000dEaD

2. Real-Time Fee Burning (BEP95)

A portion of gas fees collected by validators is burned per block, contributing to continuous deflation.

Since BEP95 launched, it has removed roughly 281,000 BNB from circulation.

Together, these mechanisms create long-term deflationary pressure, especially as network usage grows.

Trust matters in crypto. Trade safely with Bitrue — your secure gateway to Bitcoin and top altcoins. Trade on Bitrue.

BNB Price Holds Above $900: Why It Matters

Despite a brief 2% pullback after the burn announcement, BNB quickly recovered and is trading in the green again, hovering near $935.

This stability above $900 is considered a strong bullish signal, indicating:

• A potential local bottom formation
• Continued investor confidence
• Alignment with network fundamentals

The burn event was largely priced in by the market, but the broader trend remains upward.

Read Also: BNB Price Decline Amid Market Downturn Despite Binance and BNB Chain Developments

On-Chain Activity and TVL Are Rising

BNB’s strength is not driven by token burning alone. On-chain data shows increasing network participation:

Total Value Locked (TVL)

• Jan 1, 2026: $6.602 billion
• Jan 19, 2026: $7.102 billion

This surge reflects higher DeFi usage and growing deposits across BNB Chain protocols.

Transaction Count

According to Artemis Analytics, the network recorded:

• 18.6 million transactions on Wednesday alone

This confirms renewed user engagement and ecosystem growth, which directly supports demand for BNB.

Discover the lighter, trend-driven side of crypto with popular meme coins. Trade the latest community-driven tokens safely on Bitrue Alpha.

Technical Outlook: Can BNB Reclaim $1,000?

BNB remains in an uptrend above key EMAs:

• 20-Day EMA: $904
• 50-Day EMA: Rising
• 200-Day EMA: $881

Momentum indicators also remain strong:

• RSI: 62 (Bullish bias)
• Stochastic RSI: Signals strong momentum with room for short consolidation

If BNB breaks above $950, the next major resistance stands near $1,050 — a level that served as support in October 2025 and now acts as resistance.

Read Also : XRP vs. BNB – Contend For Third Position

Why Institutional Interest in BNB Is Increasing

Beyond trading, BNB is gaining traction as a strategic reserve asset among financial institutions.

BNB supports:

• Transaction processing
• Staking and governance
• BNB Smart Chain operations
• Layer-2 opBNB scaling
• BNB Greenfield decentralized storage

As the ecosystem expands, institutions view BNB as a multi-utility token with strong economic design and consistent deflation.

Conclusion

The latest $1.28B BNB token burn reinforces the asset’s long-term scarcity model, while rising TVL and transaction activity demonstrate growing network demand.

With BNB holding strong above $900 and technical indicators favoring further upside, the token continues to show resilience in 2026’s early market landscape.

As BNB Chain scales its DeFi and infrastructure offerings, the combination of supply reduction and ecosystem growth positions BNB for potential gains toward the $1,000–$1,050 range in the near term.

Maximize your potential and minimize the guesswork with reliable insights and expert content. Discover what’s next on your crypto journey at Bitrue, register now!

FAQ

What is the latest BNB burn amount?

The BNB Chain burned 1,371,803.77 BNB, worth approximately $1.28 billion, during its 34th quarterly burn.

How does the BNB Auto-Burn mechanism work?

BNB Auto-Burn uses a formula based on BNB price and block production to determine how many tokens to destroy each quarter.

Why is BNB price staying above $900 important?

Holding above $900 suggests strong investor confidence, growing demand, and a potential price rebound.

Does Binance control the token burn?

No. The burn is executed by BNB Chain’s automated on-chain process, independent of Binance exchange operations.

Can BNB reach $1,000 again?

If BNB breaks above $950 resistance, technical indicators suggest a possible move toward $1,050.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.