Crypto Media Style (CoinDesk / The Block Tone)
BNB Dips After $1.63B Burn as Traders Eye $1,150 Resistance
October 28, 2025
BNB Chain’s native token (BNB) slipped slightly over the past day, even after the blockchain completed a $1.63 billion burn, permanently removing 1.44 million BNB from circulation.
The burn marks the network’s 33rd quarterly reduction, part of its ongoing effort to reduce total supply to 100 million tokens. Following the event, about 137.7 million BNB remain in circulation.
BNB traded in a tight range between $1,122 and $1,154, ultimately easing to $1,137. Despite the scale of the burn and an initial uptick, momentum faded quickly as the token met stiff resistance near $1,147, according to CoinDesk Research data.
“The deflationary model reinforces long-term scarcity and value,” said David Namdar, CEO of CEA Industries, one of the largest public holders of BNB.
Trading activity briefly surged, with over 100,000 BNB traded within an hour, though the move failed to spark a sustained breakout. Analysts say buyers are defending support around $1,122, but upside momentum remains muted, with price action constrained to a narrow band.
Market participants see a mixed near-term outlook: deflationary tokenomics could tighten supply and lift prices over time, but current technicals suggest continued consolidation below $1,150.
