BNB burns 1.65 million tokens on October 19: What it means for the BNB price

Published on 10/21/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stablecoin transfers under USD 100 made up 77.4 percent of activity. The BNB price is 739.00 USD on October 21, up 1.53 percent.

Supply, activity and market data

On October 19, BNB Chain completed its 37th quarterly supply burn.
Transfers worth at least USD 10,000 carried 66.2 percent of stablecoin value in Q3 2026.
The BNB price stands at 739.00 USD as of October 21, 2026, 1.53 percent above the UTC daily close of October 20, 2026.
Monthly active addresses reached 22.7 million by September 2026.

BNB, XCCRYPTOBNB5, Illustration mit AI erstellt.

BNB (BNB) completed a 1.65 million-token supply burn on October 19, the 37th quarterly operation recorded by BNB Chain. The BNB Chain blog said the burn removed 1,646,196.44 BNB and left 131,512,085 BNB in total supply, according to BNB Chain.

BNB Chain removes 1.65 million tokens

The burn was completed directly on BNB Smart Chain and sent the tokens to an address that cannot spend them, according to BNB Chain. The Auto-Burn system uses BNB's price and the number of blocks produced during a quarter to determine the amount removed, while the long-term supply objective is 100 million BNB.

BNB Chain also operates a real-time burn through BEP-95, a mechanism that destroys part of the gas fees collected in each block. The October 19 operation followed changes to the burn formula after the Lorentz and Maxwell upgrades increased block production frequency, according to BNB Chain.

Stablecoin activity splits by transfer size

A joint Mercuryo and BNB Chain report released on October 19 found that transfers below USD 100 represented 77.4 percent of stablecoin activity on BNB Chain during the third quarter of 2026. Transfers of at least USD 10,000 accounted for 66.2 percent of the value moved, according to Mercuryo.

The network fee for a stablecoin transfer had a median of USD 0.0068 in that report. A separate analysis said 0.4 percent of transfers carried 66.2 percent of value, while monthly active addresses increased from 20.5 million in July to 22.7 million in September, according to Cryptonomist.

BNB market data shows a 1.53 percent move

BNB trades at 739.00 USD as of October 21, 2026, up 1.53 percent compared with the UTC daily close of October 20, 2026. The daily high is 741.50 USD and the daily low (UTC day) is 725.00 USD. Market capitalization is 97.23 billion USD, ranking BNB fourth, while 24-hour volume is 1.22 billion USD, according to Investing.com.