Professional / Financial News Style (Bloomberg Tone)
BNB Declines Despite $1.63B Token Burn, Stuck Below Key Resistance
October 28, 2025
BNB, the native token of BNB Chain, slipped over the past 24 hours even after the blockchain completed a $1.63 billion token burn, its 33rd quarterly reduction aimed at lowering total supply to 100 million tokens.
Roughly 1.44 million BNB were permanently removed from circulation, bringing the current supply down to 137.7 million. The token traded between $1,122 and $1,154, before settling near $1,137 as buying momentum faded.
“The deflationary design reinforces long-term scarcity and supports fundamental value,” said David Namdar, CEO of CEA Industries, one of the largest public BNB treasury firms.
Trading activity spiked shortly after the burn, with more than 100,000 BNB exchanged within an hour, though price failed to clear the $1,147 resistance level, according to CoinDesk Research.
Technical indicators suggest a mixed short-term outlook: support remains steady near $1,122, but resistance at $1,150 continues to cap rallies, signaling potential consolidation in the near term.
