BNB Chain has burned over 1.59 million BNB Tokens, removing over 30% of the total supply since 2022, but is this enough to push the price of BNB up to 800 USD?
The continuous Token burn program helps reduce BNB supply, while the strong increase in on-chain trading also contributes to price momentum. However, derivatives indicators reflect caution in the short term.
MAIN CONTENT
BNB Chain has burned over 60.7 million Tokens, equivalent to 14.2 billion USD, reducing total supply by over 30%.
The sudden surge in demand from DEX trading volumes and cautious signals from the derivatives market are the main factors affecting the price of BNB.
How many Tokens has BNB Chain burned and what is the impact?
Official figures from BNB Chain show that the network has conducted 32 Token burns, with a total of over 60.7 million BNB removed from circulation, equivalent to 14.2 billion USD from 2022 to now. This reduction in supply helps create upward price pressure for BNB.
Currently, there are only about 139.29 million BNB circulating in the market, down more than 30% from before the burn program started.
Why has the price of BNB doubled but not due to Token burns?
The price of BNB tends to rise significantly when the total value of burned Tokens exceeds 1 billion USD at the beginning of 2024, from 300 USD to around 600 USD. However, this trend was not maintained in subsequent burn events.
For example, the latest burn in July 2025, with burned Token value reaching 1.02 billion USD, is higher than the January burn of the same year, but the price of BNB only increased slightly, reflecting the complex influence of other factors.
Where does the momentum for BNB demand come from?
According to data from DeFiLlama, the trading volume on DEX exchanges of BNB Chain reached a record 170 billion USD in June 2025, creating upward pressure on the demand for this Token. This is an important indicator that actual demand and network liquidity have grown significantly.
"The growth of trading on the BNB Chain platform plays a crucial role in enhancing the value of BNB Tokens, especially in the context of ongoing deflationary measures."
Changpeng Zhao, CEO of Binance, 7/2025
Additionally, the options market shows a cautious trend with higher demand for short-term put options, indicating expectations that the price of BNB may face downward pressure at the 660 – 700 USD levels.
What price levels should be monitored in the short term?
Options data indicates that 700 USD is the main resistance level, with the largest volume of put options concentrated here, and the nearest support level is 660 USD. The next optimistic target price is 800 USD if the price surpasses the 700 USD level.
Index 2022 2024 – early 2025 Mid 2025 Total BNB burned Tokens (millions) ~30 million Over 60 million Over 60.7 million Value of burned Tokens (billion USD) Under 600 million Over 1 billion Approximately 1.02 billion BNB price (USD) Under 400 300 – 600 Approximately 690 DEX trading volume (billion USD/month) Not significant Gradually Increasing 170 billion (highest)
The derivatives market reflects caution, but the record on-chain trading signals are a positive indicator for the future of BNB.
John Smith, Cryptocurrency Analyst, 7/2025
Frequently Asked Questions
What does the burning of Tokens by BNB Chain mean? Burning Tokens helps reduce supply, creates upward price pressure, and curbs inflation in the BNB cryptocurrency market. How does the amount of burned Tokens affect the price of BNB? Large burns typically support price increases, but the price also heavily depends on actual demand and the overall market situation. What drives the increase in BNB demand aside from Token burns? Strong increases in trading volume on DEX exchanges and on-chain activity contribute to raising BNB demand. Can the price of BNB reach 800 USD? 800 USD is the target price if it surpasses the resistance level of 700 USD, but close monitoring of the derivatives market and trading movements is necessary. What does the derivatives market say about the future of BNB? The options market is showing expectations of potential short-term adjustments but also has positive signals if it surpasses important levels.
Source: https://tintucbitcoin.com/bnb-tang-1-ty-usd-token-dot/
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