# BNB’s 1.65 Million Token Burn Shows Why Supply Rules Matter

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/47607
Published: 2026-11-03T11:45:40.000Z
Updated: 2026-11-03T11:45:40.000Z
Section: Technology

> The Oct. 19 removal was valued at about $1.197 billion, while a post-burn snapshot put total supply at 131,512,085 BNB.

The BNB Foundation’s Oct. 19 quarterly burn removed 1,646,196.44 BNB, about 1.25% of the post-burn total, while other networks use different rules to affect token supply.

The Foundation valued the tokens at about $1.197 billion at the time, a figure that does not mean it spent that amount buying BNB. A post-burn snapshot put total supply at 131,512,085 BNB as of 6:05 a.m. ET (10:05 UTC) on Oct. 19. The 1.25% figure is a calculation that compares the amount removed with the post-burn supply, not a project-stated rate. The event was the BNB Foundation’s 37th quarterly burn.

BNB’s quarterly Auto-Burn adjusts the amount removed using BNB’s price and the number of blocks produced on BNB Smart Chain. The program has a long-term target of 100 million BNB. A separate mechanism also burns some BNB used to pay gas fees on the network, so quarterly totals do not capture every burn mechanism.

Other networks use different approaches. Ethereum’s London upgrade in August 2021 introduced the destruction of transaction base fees. Ether (ETH) supply can still rise or fall, since new issuance continues and the net change depends on how it compares with the amount burned. On Solana, each signature has a documented base fee of 5,000 lamports: half is burned and half goes to validators. Validators receive all optional priority fees.

The XRP Ledger destroys XRP paid for transaction costs. A standard transaction has a minimum cost of 10 drops, or 0.00001 XRP, and that minimum can increase with network load. Avalanche (AVAX) burns applicable fees but mints validator rewards separately; its supply cap is 720 million AVAX. Shiba Inu (SHIB) started with 1 quadrillion tokens.

These figures describe different measures: a scheduled burn, fees destroyed as transactions occur, and an initial supply. A burn count alone does not establish whether a network’s total supply rose or fell. That depends on the balance between tokens removed and new issuance, as the Ethereum and Avalanche rules illustrate.