BNB jumped more than 3% after the team destroyed roughly $1.69 billion worth of coins, a move that tightened supply and lifted sentiment. The price spike briefly pushed BNB’s total value above XRP’s, reshuffling the altcoin rankings for a short period. Crypto treasuries and large funds paid attention because fewer coins now exist and the asset is seen as harder to find.
The burn was the 33rd quarterly event, with about 1,441,000 BNB erased, worth around $1.66–$1.69 billion. Minutes later, BNB traded above $1,168 and its total value topped $154 billion, moving past XRP, whose total value sat between $157 billion and $178.89 billion. Removing coins cuts the number available for sale and can add fuel to any rally if buyers keep arriving.
The burn plan has two parts: a quarterly burn funded by profits and an “auto-burn” that destroys small slices of coins as the network runs. The BEP-95 update also burns part of every transaction fee, meaning each transfer adds extra downward pressure on supply.
What it means for BNB market
A large burn alongside busy BNB Chain traffic can push prices higher as fewer coins and new buyers meet in the market. Treasury reports may show tighter supply, but that support can fade if demand drops. Quick reversals are common because burn headlines often draw leveraged bets in perpetual markets, where volatility or funding rates can spike. Rankings can shift as a higher total value alters trading pairs and index weightings.
The 33rd quarterly burn removed roughly 1,441,000 BNB, worth close to $1.69 billion, and the instant result was a 3%-plus rally with a market cap that placed BNB ahead of XRP for a time. Teams that hold either coin should watch liquidity and position size.
