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The BNB Foundation has finalized its 35th quarterly burn, permanently removing 1.56 million tokens valued at approximately $1.0021 billion from circulation.
BNB’s latest “black hole” transaction brings the total circulating supply to approximately 134.7 million BNB, the lowest level in the asset’s history. Supply compression like this is directly tied to real-time network utility, providing a transparent, auditable counterweight to traditional inflationary models.
This milestone comes as the BNB Chain undergoes a technological overhaul. The activation of the Osaka and Mendel hard forks on April 28 has already optimized execution speeds, gas behavior, and transaction finality.
These upgrades supported a record-breaking first quarter in 2026, during which the network led all Layer-1 competitors with a staggering 4.5 million daily active users.
Meanwhile, on May 13, the Moscow Exchange (MOEX) is slated to launch new crypto indexes for BNB, aimed at enhancing liquidity and visibility. This development follows the debut of a 2x leveraged XBNB ETF on NYSE Arca, the first U.S.-listed product of its kind.
 
Institutional giants are also moving in; BlackRock’s BUIDL, Franklin Templeton’s BENJI, and VanEck’s VBILL are now live on the chain, integrating tokenized yields directly into the ecosystem. With pending spot ETF applications from Grayscale and VanEck, BNB has assembled an “institutional access stack” that was virtually non-existent six months ago.
CoinMarketCap’s charts at press time show BNB trading at $641.91 on May 7, as the asset tracks a market pullback led by Bitcoin’s 2.31% decline.
However, the weekly MACD has recently flipped green to +0.34, a signal that has historically preceded major recoveries. While the RSI at 36.55 remains just above oversold territory, price action is growing above the $630 horizontal support line.
Since its 2017 inception as a reward token, BNB has grown into a dominant DeFi and GameFi powerhouse. Beyond quarterly events, the BEP95 mechanism has removed an additional 286,000 BNB via real-time gas fees.
If the $620 support floor holds, analysts suggest that shrinking supply and unprecedented institutional demand could trigger a breakout toward long-term Fibonacci targets of $2,112 and $5,000.