PANews reported on April 16 that the BNB Foundation has officially announced the completion of its 35th quarterly token burn. A total of 1.569 million $BNB tokens, worth approximately $1.02 billion, were burned on the BNB Smart Chain (BSC), reducing the total circulating supply to approximately 134.8 million tokens.

BNB's ultimate burning goal is to reduce the total supply to 100 million tokens. The continuous burning mechanism aims to support the long-term healthy development of the BNB Chain ecosystem.