BNB Chain completed its 37th quarterly token burn, removing 1.646 million BNB from circulation on October 21. The remaining supply stood at 131.51 million tokens, more than two-thirds of the way toward the 100 million target. BNB also recorded 11 consecutive days of net outflows from exchanges, reaching -$2.35 million, which reduced the amount of tokens immediately available for selling. At the time of publication, BNB traded around $739.55 after defending $708.48 support, while its Relative Strength Index reached 55.45, above its 53.91 signal average. Holding this support could pave the way for another attempt to reclaim the $800 resistance level.
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