BNB burn removes 1.65 million tokens: What it means for the BNB price
Published on 10/19/2026 at 13:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBurns and network activity
- BNB Chain completed its 37th quarterly burn of 1,646,196.44 BNB on October 19, 2026.
- Fee-free stablecoin transfers on BNB Smart Chain run until October 31, 2026.
- The BNB price stands at 725.00 USD as of October 16, 2026, 0.25 percent above the UTC daily close of October 15, 2026.
- BNB Chain recorded 1.99 million daily active addresses in the week through October 4, 2026.
BNB (BNB) completed a quarterly burn of 1,646,196.44 tokens on October 19, 2026. The BNB price stands at 725.00 USD as of October 16, 2026, up 0.25 percent compared with the UTC daily close of October 15, 2026.
BNB Chain burns 1.65 million tokens
The BNB Foundation said the 37th quarterly burn reduced the token supply by 1,646,196.44 BNB, worth 1.20 billion USD at the time of the burn, according to BNB Chain. The source said the remaining total supply was 131,512,085 BNB at 10:05 UTC on October 19, 2026.
The burn is part of BNB's Auto-Burn system, which is designed to reduce total supply toward 100 million BNB. The amount is adjusted using BNB's price and the number of blocks generated on BNB Smart Chain during the quarter. A separate real-time mechanism also burns part of the gas fees collected in each block.
Stablecoin transfers stay fee-free until October 31
BNB Smart Chain is waiving gas fees for transfers involving USDC, USD1 and U through October 31, 2026. The campaign covers withdrawals from seven exchanges, direct wallet transfers and selected bridge transactions, as CryptoTicker reported on October 14, 2026.
Network activity has also remained measurable. BNB Chain recorded 1.99 million daily active addresses in the week through October 4, 2026, an increase of 6.99 percent, according to a CoinW Research report. A separate security incident involved an attacker minting 10 million unauthorized CYS tokens through a cross-chain bridge on October 17, 2026, according to Lookonchain.
BNB trades at 725.00 USD
BNB trades at 725.00 USD as of October 16, 2026, up 0.25 percent compared with the UTC daily close of October 15, 2026. The daily high is 729.50 USD and the daily low is 721.90 USD. Market capitalization is 95.37 billion USD, ranking BNB fourth, while 24-hour volume is 1.27 billion USD. Circulating supply is 131.51 million BNB, according to Investing.com.
BNB by the numbers on October 16, 2026
- Cryptocurrency: BNB
- Ticker: BNB
- Price (as of October 16, 2026): 725.00 USD
- Change vs. UTC daily close of October 15, 2026: +0.25 percent
- Daily high / daily low (UTC day): 729.50 USD / 721.90 USD
- Market capitalization: 95.37 billion USD (rank 4)
- 24-hour volume: 1.27 billion USD
- Circulating supply: 131.51 million BNB
