The post $1.2 Billion BNB Sent to Dead Wallets in Major Burn as Supply Shrinks appeared on BitcoinEthereumNews.com. BNB Chain has successfully completed its 33rd quarterly BNB token burn, the BNB Foundation has just announced. The quarterly BNB token burn, the third this calendar year, has been completed directly on BNB Smart Chain (BSC). The quarterly BNB token burn has resulted in the burning of 1,441,281.413 BNB worth $1.208 billion in monetary terms around the time of the burn. The recently concluded burn has no doubt caused a reduction in the BNB supply, with the remaining supply now at 137,738,379.26 BNB. Going forward, more BNB will be burned before the year 2025 concludes. Based on data from the BNB network, in Q4, 2025, 1,239,221.72 BNB, currently worth $1,410,378,276.356, are anticipated to be burned in the 34th quarterly burn. Earlier in October, BNB Smart Chain’s new standard gas fee of 0.05 Gwei was adopted across the network. BNB Chain unveils next step in data architecture Months back, BNB Chain shared its outlook for the rest of 2025 and the coming year of 2026. This includes making BNB Chain up to 20x more powerful and, hence, enabling the chain to handle far more transactions, run faster and support bigger apps by introducing a Rust-based client, super instructions and StateDB improvements. In a tweet, BNB Chain reveals Scalable DB as the next step in BNB Smart Chain’s data architecture. State growth is one of the biggest challenges facing blockchains today. For a high-throughput network like BNB Smart Chain (BSC), that challenge compounds quickly. As one of the industry’s most active networks, BNB Smart Chain’s on-chain state has grown more than 30× faster than Ethereum, reaching 3.43TB by May 2025. To prepare for future growth, BSC introduces Scalable DB, a horizontally scalable multi-database storage model. Source: https://u.today/12-billion-bnb-sent-to-dead-wallets-in-major-burn-as-supply-shrinksThe post $1.2 Billion BNB Sent to Dead Wallets in Major Burn as Supply Shrinks appeared on BitcoinEthereumNews.com. BNB Chain has successfully completed its 33rd quarterly BNB token burn, the BNB Foundation has just announced. The quarterly BNB token burn, the third this calendar year, has been completed directly on BNB Smart Chain (BSC). The quarterly BNB token burn has resulted in the burning of 1,441,281.413 BNB worth $1.208 billion in monetary terms around the time of the burn. The recently concluded burn has no doubt caused a reduction in the BNB supply, with the remaining supply now at 137,738,379.26 BNB. Going forward, more BNB will be burned before the year 2025 concludes. Based on data from the BNB network, in Q4, 2025, 1,239,221.72 BNB, currently worth $1,410,378,276.356, are anticipated to be burned in the 34th quarterly burn. Earlier in October, BNB Smart Chain’s new standard gas fee of 0.05 Gwei was adopted across the network. BNB Chain unveils next step in data architecture Months back, BNB Chain shared its outlook for the rest of 2025 and the coming year of 2026. This includes making BNB Chain up to 20x more powerful and, hence, enabling the chain to handle far more transactions, run faster and support bigger apps by introducing a Rust-based client, super instructions and StateDB improvements. In a tweet, BNB Chain reveals Scalable DB as the next step in BNB Smart Chain’s data architecture. State growth is one of the biggest challenges facing blockchains today. For a high-throughput network like BNB Smart Chain (BSC), that challenge compounds quickly. As one of the industry’s most active networks, BNB Smart Chain’s on-chain state has grown more than 30× faster than Ethereum, reaching 3.43TB by May 2025. To prepare for future growth, BSC introduces Scalable DB, a horizontally scalable multi-database storage model. Source: https://u.today/12-billion-bnb-sent-to-dead-wallets-in-major-burn-as-supply-shrinks

$1.2 Billion BNB Sent to Dead Wallets in Major Burn as Supply Shrinks

2025/10/28 22:22

BNB Chain has successfully completed its 33rd quarterly BNB token burn, the BNB Foundation has just announced. The quarterly BNB token burn, the third this calendar year, has been completed directly on BNB Smart Chain (BSC).

The quarterly BNB token burn has resulted in the burning of 1,441,281.413 BNB worth $1.208 billion in monetary terms around the time of the burn.

The recently concluded burn has no doubt caused a reduction in the BNB supply, with the remaining supply now at 137,738,379.26 BNB.

Going forward, more BNB will be burned before the year 2025 concludes. Based on data from the BNB network, in Q4, 2025, 1,239,221.72 BNB, currently worth $1,410,378,276.356, are anticipated to be burned in the 34th quarterly burn.

Earlier in October, BNB Smart Chain’s new standard gas fee of 0.05 Gwei was adopted across the network.

BNB Chain unveils next step in data architecture

Months back, BNB Chain shared its outlook for the rest of 2025 and the coming year of 2026. This includes making BNB Chain up to 20x more powerful and, hence, enabling the chain to handle far more transactions, run faster and support bigger apps by introducing a Rust-based client, super instructions and StateDB improvements.

In a tweet, BNB Chain reveals Scalable DB as the next step in BNB Smart Chain’s data architecture.

State growth is one of the biggest challenges facing blockchains today. For a high-throughput network like BNB Smart Chain (BSC), that challenge compounds quickly.

As one of the industry’s most active networks, BNB Smart Chain’s on-chain state has grown more than 30× faster than Ethereum, reaching 3.43TB by May 2025.

To prepare for future growth, BSC introduces Scalable DB, a horizontally scalable multi-database storage model.

Source: https://u.today/12-billion-bnb-sent-to-dead-wallets-in-major-burn-as-supply-shrinks

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EUR softens on weaker German trade – Scotiabank

EUR softens on weaker German trade – Scotiabank

The post EUR softens on weaker German trade – Scotiabank appeared on BitcoinEthereumNews.com. The Euro (EUR) is trading defensively with a marginal 0.1% decline against the US Dollar (USD), softening back toward Wednesday’s lows around 1.16, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret note. Bond market signals confidence in France’s political developments “EUR weakness was observed on the back of weaker than expected trade figures from Germany, as August data offered a surprise contraction in exports. The weaker German trade data follow Wednesday’s disappointing industrial production print, suggesting a softening in the euro area’s economic outlook. Yield spreads are steady however, and comments from the ECB remain neutral.” “France’s political situation remains uncertain and President Macron has stated his intention to name a new Prime Minister by Friday evening. The France-Germany 10Y spread is narrowing and appears to be signaling confidence in President Macron’s ability to form a new cabinet ahead of the October 13 budget deadline.” “EUR/USD continues to trade defensively as it softens back toward Wednesday’s low around 1.16. The RSI is pushing below 40 and signaling modest bearish momentum. Support appears limited between 1.16 and the early August low under 1.14. We look to a near-term range bound between support at 1.16 and resistance at 1.1650.” Source: https://www.fxstreet.com/news/eur-softens-on-weaker-german-trade-scotiabank-202510091205
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2025/10/10 00:25