BNB Chain has completed its 35th quarterly token burn, removing 1,569,307.34 BNB from circulation in a transaction valued at about $1.02 billion, according to figures shared by BNB Chain. The burn was finalized on April 15, 2026, and forms part of the network’s long-running plan to reduce the total BNB supply to 100 million tokens. Following the latest burn, the remaining total supply stands near 134.79 million BNB.
The 35th quarterly $BNB token burn has been completed directly on BNB Smart Chain (BSC).
1.569M #BNB has been burned, worth approximately $1.021B USD
View the details of the burn below
https://t.co/TgP7rUkWRI pic.twitter.com/pZ3H2YPq9s
— BNB Chain (@BNBCHAIN) April 15, 2026
The latest event was carried out through BNB Chain’s Auto-Burn system on BNB Smart Chain. The mechanism adjusts the amount of BNB removed from circulation based on price and block production data, replacing the earlier fixed quarterly model. BNB Chain has continued using the process as part of its token supply management framework, with each scheduled burn cutting the circulating amount over time.
The size of the latest burn has drawn attention because it crossed the $1 billion mark at the time of execution. Market participants often watch these scheduled events closely because they directly reduce available token supply. In this case, more than 1.56 million BNB was permanently removed from circulation, extending the chain’s ongoing supply reduction program.
According to the data, the 35th quarterly burn lowered the total BNB supply to around 134.79 million tokens. The stated long-term target remains 100 million BNB, meaning more scheduled burns are expected as part of the network’s existing framework. NS3.AI described the event as part of BNB Chain’s broader effort to reduce supply and increase scarcity over time.
The burn took place as BNB traded in a zone where technical traders have been watching whether price can stabilize after a longer-term decline.
As per our analysis, BNB is in a broader downtrend, though short-term price action has held near the $620 to $625 area. That has left traders focused on whether the burn event can coincide with a stronger technical recovery or whether resistance levels will continue to cap upside moves.
According to the 1-day BNB price chart, the immediate Fibonacci resistance is at $645.29, followed by $668.20 and $691.11. The broader trading structure showed BNB building a base between roughly $570 and $700 after a large decline. The recent swing low was near $571, making that level a key downside reference if selling pressure returns.
Price action remains below the main Fibonacci resistance zones, which means traders are still looking for a confirmed breakout rather than treating the latest stabilization as a full reversal. The nearest support zone has been identified between $595 and $605. If BNB falls back through that area and loses $571, the broader bearish structure would remain in place based on the chart setup provided.
BNB/USD 24hr price chart (Source: TradingView)
Momentum indicators have shown some easing in downside pressure. The MACD histogram has turned slightly positive after a period of shrinking red bars, while the MACD and signal lines have moved closer together and showed a tentative bullish crossover on shorter timeframes. That setup suggests that bearish momentum has slowed, though it has not yet established a decisive shift in the larger trend.
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