The BNB Foundation has completed the 35th quarterly burn, destroying 1.569 million BNB

The BNB Foundation officially announced the completion of the 35th quarterly token burn, during which a total of 1.569 million $BNB was burned on the BNB Smart Chain (BSC), valued at approximately $1.02 billion. After the burn, the total circulating supply decreased to about 134.8 million.

The ultimate burn target for BNB is to reduce the total supply to 100 million, and the ongoing burn mechanism aims to support the long-term healthy development of the BNB Chain ecosystem.