Binance Coin burns 1.65 million tokens: What it means for the BNB price

Published on 10/21/2026 at 19:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The burn left 131.51 million BNB in total supply. The BNB price is 749.80 USD on October 21, 2026, up 2.11 percent.

Quarterly supply reduction lands

On October 19, the BNB Foundation removed 1,646,196.44 BNB from circulation.
October 19 data showed transfers below 100 USD made up 77.4 percent of BNB Chain stablecoin activity.
The BNB price stands at 749.80 USD as of October 21, 2026, 2.11 percent above the UTC daily close of October 20, 2026.
A zero-fee campaign for selected stablecoin transfers runs through October 31, 2026.

BNB, XCCRYPTOBNB5, Illustration mit AI erstellt.

BNB (BNB) had 1,646,196.44 tokens permanently removed from circulation on October 19, 2026, in the network's 37th quarterly burn. The BNB Chain blog said the operation left 131,512,085 BNB in total supply and was completed directly on BNB Smart Chain.

October 19 burn removes 1.65 million BNB

The latest Auto-Burn is a scheduled supply reduction mechanism that sends BNB to an address without a known private key. According to BNB Chain, the tokens had an approximate value of 1.20 billion USD around the time of the burn. The blog said the quarterly mechanism operates independently of the Binance centralized exchange and that this quarter's burn took place directly on BNB Smart Chain after the BNB Chain Fusion. A separate real-time mechanism burns part of the gas fees collected in each block.

Stablecoin transfers show two activity scales

A report published on October 19, 2026, by Mercuryo and BNB Chain found that transfers below 100 USD represented 77.4 percent of stablecoin transfer activity on BNB Chain during the third quarter. Transfers of at least 10,000 USD accounted for 66.2 percent of total transfer value, while the median network fee for a stablecoin transfer was 0.0068 USD, according to Mercuryo. The same report said monthly active addresses rose from 20.5 million in July to 22.7 million in September.

Security conditions on applications using the network also remain relevant. Lookonchain reported that an attack on the Cysic cross-chain bridge on October 17, 2026, led to the unauthorized minting of 10 million CYS tokens on BNB Smart Chain, according to Lookonchain.

BNB price data shows a 2.11 percent increase

The BNB price is 749.80 USD as of October 21, 2026, up 2.11 percent compared with the UTC daily close of October 20, 2026, according to Investing.com. The daily high is 750.40 USD and the daily low is 739.90 USD. Market capitalization is 98.48 billion USD, ranking BNB fourth, while 24-hour volume is 1.34 billion USD. Circulating supply is 131.51 million BNB. Binance also lists a zero-fee campaign for selected USDC, USD1 and U transfers that runs through October 31, 2026, according to Binance. The campaign date is separate from the BNB price data.