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Deep Tide TechFlow News, April 16, according to official sources, the BNB Foundation announced the completion of the 35th quarterly token burn. A total of 1.57M $BNB were burned on the BNB Smart Chain (BSC), worth approximately $1.02 billion. After the burn, the total circulating supply decreased to about 134.8 million tokens.
BNB's ultimate burn goal is to reduce the total supply to 100 million tokens. The ongoing burn mechanism aims to support the long-term healthy development of the BNB Chain ecosystem.