BNB has completed its 32nd quarterly token burn, removing 1,595,599.78 BNB from circulation, worth approximately $1.024 billion.
The total remaining supply of BNB now stands at 139,289,513.94 BNB, getting closer to its long-term goal of reducing the original supply to 100 million.
The quarterly burns help manage supply, reduce inflation, create scarcity, and support BNB's price as it is used across various ecosystems like DeFi and Web3.
Analysts are optimistic about BNB's future price potential, with projections of doubling its current price in the next bull market, supported by its utility and deflationary model.