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In circulation, a total of 64.26 million BNB tokens have been destroyed so far BNB Chain destroyed 1.44 million BNB tokens worth over $1.65 billion in the latest round of deflationary action. The destruction plan started in 2017 and is conducted every quarter. So far, 64.26 million BNB have been destroyed. Currently, there are only 137.7 million BNB tokens in circulation. At a deflation rate of approximately 4 million BNB per year, the altcoin's supply may shrink to less than 100 million within ten years.  Deflation and BNB on-chain activities As partnerships continue to expand, including bringing countries like Kyrgyzstan on-chain, more activity will result in higher fees. Therefore, the speed of burning money will also increase. Perhaps, the supply crunch may accelerate in the coming years. Overall, Binance founder Changpeng Zhao attributed the altcoin’s appeal to “building and community efforts,” including demand from funding companies. Here, one can also compare BNB to Hyperliquid [HYPE], which also has an aggressive deflation plan. HYPE, on the other hand, has maintained its moat with its excellent products and buyback program. Can it keep BNB above $1,000? So far, BNB has held above the psychological $1,000 mark after finding resistance near $1,400. If there is a break above the previous high, $1.5,000 could become the next bullish target.  It is worth mentioning that despite the recent weakening, the daily RSI remains above average. Likewise, On-Balance Volume (OBV) did not fall below its key trendline support in 2025. Taken together, all technical indicators are biased towards the bullish side. On-chain data also supports the above bullish bias. According to data from Arkham, overall on-chain transaction traffic was negative in October. Even the flash crash did not trigger massive selling by BNB holders. As of this writing, the average exchange outflow is 179,000 BNB. This means more BNB has been moved from the platform to self-custody accounts – a positive sign.  Deflation plans, around 4 million BNB per year, growing network activity, and on-chain data all seem to be leaning towards the bullish side so far. This may justify investing or holding the coin for the long term. However, for traders, short-term factors such as the macro environment and any negative news may still affect price movements. This article is only market analysis and does not constitute any investment advice. The digital currency market is extremely risky, so please make decisions with caution. When we enter the currency circle, we must seize the trend. We are not here to earn wages, but to make a fortune. Now the trend is in front of us. If you don’t seize it, if you miss this wave, you may have to wait another 2 years! In the current market environment, short-term operations are indeed necessary. If you keep waiting for spot prices to rebound, you may feel the pain of time. I have also recently been working hard on the second-level short-term and first-level local dog operations, and the results have been good. Friends who want to keep up can add me on WeChat! Welcome to private message me to join our VX: NWP0721 Alternate VX;knswdaqldtwl11  |
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