BNB Chain completed its 37th quarterly burn on October 19, destroying 1,646,196.44 BNB with a disclosed value of approximately $1.197 billion, representing a 28.5% increase from the $931.7 million reported in July. The number of tokens destroyed grew by only 1.9%, with the dollar increase primarily reflecting a 26.1% rise in the implied per-coin valuation. The remaining total supply stands at 131,512,085 BNB against a stated target of 100 million BNB. The market lacks information on the acquisition history of the burned tokens or recent secondary market purchases. BNB is up 1.58% over the past 24 hours and ranks #4 by market cap.
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