BNB burn removes 1.646 million tokens: What it means for the BNB price

Published on 10/21/2026 at 07:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The tokens were valued at 1.20 billion USD at execution. The BNB price is 739.00 USD on October 16, 2026, up 1.53 percent.

Supply reduction and network activity

BNB Chain removed 1.646 million BNB in its quarterly burn on October 19, 2026.
The burn program targets a total supply of 100 million BNB through scheduled reductions.
The BNB price stands at 739.00 USD as of October 16, 2026, 1.53 percent above the UTC daily close of October 15, 2026.
Monthly active addresses reached 22.7 million by September 2026, while the median stablecoin transfer fee was 0.0068 USD.

BNB, XCCRYPTOBNB5, Illustration mit AI erstellt.

BNB (BNB) completed a quarterly burn of 1.646 million tokens on October 19, 2026. The BNB price stands at 739.00 USD as of October 16, 2026, 1.53 percent above the UTC daily close of October 15, 2026, according to Investing.com.

Quarterly burn removes 1.646 million BNB

The BNB Chain Foundation said through BNB Chain that the 37th quarterly burn removed 1,646,196.44 BNB. The network valued the destroyed tokens at 1,197,344,519.40 USD at the time of the operation on October 19, 2026.

The tokens were sent to an inaccessible address, removing them from circulation. BNB Chain said the Auto-Burn program is designed to reduce the total supply to 100 million BNB. The amount is calculated from BNB's price and the number of blocks produced on BNB Smart Chain during the quarter. The burn took place directly on BNB Smart Chain after the BNB Chain Fusion, according to the October 19, 2026, announcement.

Network activity reaches 22.7 million addresses

A report from Mercuryo and BNB Chain, covered by The Cryptonomist on October 19, 2026, found that monthly active addresses rose from 20.5 million in July to 22.7 million in September. Transfers of at least 10,000 USD represented 0.4 percent of stablecoin transfers but carried 66.2 percent of the value, while the median network fee was 0.0068 USD.

Network activity was mixed in another October 2026 assessment. CoinW Research Institute reported on October 12, 2026, that BNB Chain daily active addresses reached 2.08 million, up 4.52 percent, while decentralized exchange volume was 0.497 billion USD, down 24.70 percent from the prior week.

BNB market value ranks fourth

According to Investing.com, the BNB price is 739.00 USD as of October 16, 2026. It is 1.53 percent above the UTC daily close of October 15, 2026, with a daily high of 741.50 USD and a daily low of 725.00 USD on the UTC day. Market capitalization is 97.23 billion USD, ranking BNB fourth, and 24-hour volume is 1.22 billion USD. Circulating supply is 131.51 million BNB.