The BNB Foundation has supercharged Binance Coin’s rebound amid broader market rallies.

The foundation has announced the successful completion of the 33rd quarterly asset burn, removing assets worth billions out of circulation.

In total, the chain destroyed 1,441,281.413 BNB, worth around $1.208 billion during the burn.

Meanwhile, their value has increased to around $1.66 billion due to the soaring Binance Coin prices.

The incineration pushes the project towards the 100 million BNB supply goal, with the current figure at 137,738,379.26 BNB.

BNB Chain
@BNBCHAIN
·Follow

The 33rd quarterly $BNB token burn has been completed directly on BNB Smart Chain (BSC).

1.44M #BNB has been burned 🔥 View the details of the burn below ⬇️ bnbchain.org/en/blog/33rd-b…

3:48 PM · Oct 27, 2025
Read more on Twitter

0 Reply Copy link Notably, the quarterly token burns are under Binance Smart Chain’s auto-burn system, an innovative mechanism designed to ensure scarcity while prioritizing predictability and transparency.

Anyone can view transaction details to verify the legitimacy of the periodic burns.

According to the official blog: The BNB Auto-Burn provides an independently auditable, objective process.

The figures are reported quarterly, and the mechanism is independent of the Binance centralized exchange.

Moreover, the trading platform has a real-time burning that relies on gas fees.

Validators on the chain determine the ratio between each block and collected fees and burn it at fixed rates.

Binance Coin’s deflationary path

The mechanism has destroyed approximately 276k BNB so far. The recent burn is part of the exchange’s long-term objective of reducing BNB supply to 100 million coins, now about 37 million tokens away.

Binance strengthens its deflationary model with real-time and quarterly asset burns.

That ensures an efficiency initiative that balances token value and ecosystem growth.

Since market response to burns varies, Binance maintains a consistent execution, which underscores its dedication to predictability, transparency, and long-term value.

Moreover, the Binance ecosystem is in the spotlight after Kyrgyzstan collaborated with the exchange to launch a stablecoin and a CBDC, slated for early 2026.

The Kyrgyzstan authority will create a cryptocurrency reserve that prioritizes BNB.

CZ 🔶 BNB
@cz_binance
·Follow

Updates from Kyrgyzstan🇰🇬 – The National Stablecoin launched, on @BNBChain – The CBDC is ready for rollout. Yes, both. CBDC will be used for gov related payments, etc – The National Cryptocurrency Reserve set up, #BNB included – LE training – Binance Academy with 10 top

Watch on Twitter
3:46 PM · Oct 25, 2025
Read more on Twitter

View replies 0 Reply Copy link Notably, BNB Chain will house the KGST stablecoin, with Changpeng Zhao as the strategic advisor of the Kyrgyz Crypto Committee.

BNB price outlook

The alt saw a sharp jump following the burn news. Binance Coin is trading at $1,174 after an over 3% uptick in the past 24 hours.

BNB’s 24-hour volume has increased by nearly 70% to highlight enhanced trader and investor optimism.

The current trajectory suggests more upswings for the native token.

It boasts a solid support barrier at $1,020 – $1,070, which bulls seem to defend.

Buyers target the key resistance at $1,240, a roughly 5% uptick from the current price.

Meanwhile, overcoming $1,240 can signal significant momentum.

With stable volumes, BNB can add another 20% to a fresh all-time high of $1,500.

However, BNB should hold above $1,020 to support the potential upside trajectory.  

The post BNB Foundation confirms $1.66B quarterly burn as token scarcity continues appeared first on Invezz