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- 1.44M BNB burned, reducing circulation to 137.7M tokens.
- Network activity and adoption accelerate deflationary effects.
- Technicals and on-chain data signal bullish long-term potential.
Binance’s native token, BNB, continues to make waves in the crypto market as the BNB Chain completed its latest token burn, destroying 1.44 million BNB worth over $1.65 billion. This marks another milestone in the project’s ongoing deflationary strategy, which has removed 64.26 million BNB from circulation since its inception in 2017.
With only 137.7 million BNB left in circulation, analysts estimate that, at the current burn rate of about 4 million BNB annually, the supply could drop below 100 million within a decade. Such scarcity could amplify BNB’s value, especially amid growing global adoption.
Deflation Accelerated by Growing Network Activity
BNB’s deflationary program isn’t happening in isolation. The BNB Chain has been expanding partnerships and onboarding new jurisdictions, including countries like Kyrgyzstan. Increased activity on the network generates higher transaction fees, which in turn accelerates token burns.
Binance founder Changpeng Zhao (CZ) emphasizes that community engagement and enterprise demand are key drivers of BNB’s traction. Comparisons can be drawn with other aggressive deflationary tokens, such as Hyperliquid (HYPE), which maintains its market edge through a combination of buyback programs and strong product utility.
Why BNB reach $1000?
— CZ 🔶 BNB (@cz_binance) September 18, 2025
Good question. No one knows for sure. Correlation does not prove causation. But here is a incomplete list of possible reasons.
People tend to give me too much credit. I didn't do much. I am not technically involved like Vitalik. I am at best a mascot, but… https://t.co/rvhFA0yxYP
Technicals and On-Chain Data Signal Bullish Outlook
BNB has maintained levels above $1,000, bouncing back after rejections near $1,400. Technical indicators support a bullish bias: the daily RSI remains above average, and the On-Balance Volume (OBV) has not broken below its trendline.
Also Read: Changpeng Zhao Focuses on YZi Labs After Trump Pardon as Binance Return Looks Unlikely
On-chain insights further reinforce optimism. According to Arkham data, October saw negative exchange flow, with an average of 179,000 BNB tokens moving off exchanges into self-custody wallets. This suggests holders are increasingly taking long-term positions, a traditionally bullish signal.
Long-Term Potential for BNB
With a consistent burn rate, expanding network activity, and strong on-chain fundamentals, BNB’s deflationary mechanics continue to bolster its long-term potential. While short-term price swings can occur due to macro conditions or market news, the structural factors favor investors looking to hold BNB for the long haul.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
