BNB Dips Despite $1.65B Token Burn, Struggles Below $1,150 Resistance

Crypto Market Focus (CoinDesk / The Block Style)

BNB Slips After $1.63B Burn as Market Consolidates Below $1,150
October 28, 2025

BNB Chain’s native token dipped slightly on Tuesday, despite a major $1.63 billion token burn that permanently removed 1.44 million BNB from circulation.

The burn — the network’s 33rd quarterly event — is part of a long-running plan to cut total supply to 100 million. Following the reduction, around 137.7 million BNB remain in circulation.

BNB traded within a tight range of $1,122–$1,154, eventually easing to $1,137 as traders showed caution. Despite a brief surge in volume — with 100,000 BNB traded in one hour — the price failed to break past the $1,147 resistance zone, data from CoinDesk Research shows.

“The burn emphasizes BNB’s structural scarcity and potential for long-term value appreciation,” said David Namdar, CEO of CEA Industries.

While the deflationary model remains bullish from a fundamentals perspective, short-term technicals paint a picture of range-bound trading, with buyers defending $1,122 support but struggling to build momentum above $1,150.