🚀 BNB Rocket Fuel: $1B Burn & Record DEX Volume Send Prices to the Moon

Binance Coin just got a double adrenaline shot to the heart.

🔥 The $1B incineration event

Supply shock meets tokenomics 101—watch what happens when you light a billion dollars on fire. Meanwhile, decentralized exchanges are moving BNB at rates that'd make Wall Street market makers blush.

📈 DEX volume hits escape velocity

The chain's native token is eating Ethereum's lunch in the DEX arena. No bridges, no wrapping—just pure, uncut trading volume that's rewriting the playbook.

💸 The cynical take

Another day, another 'deflationary' crypto narrative. But this time? The numbers actually back it up—for once. Just don't tell the SEC we said that.

Key takeaways

• BNB chain burnt 1.59 million tokens and has removed over 30% of the supply since 2022. But is it enough to push the BNB price to $800? 

BNB chain has burned 1,595,599.78 Binance [BNB] tokens worth $1 billion as part of its quarterly disinflation program. 

Per the network, this was the 32nd burn, and over 60.7 million tokens (about $14.2 billion) have been taken out of the supply.

Since the deflation plan began in 2022, over 30% of the supply has been burned. Only 139,289,513 million is currently circulating.  

Source: X

BNB price doubled, BUT not because of the burns?

Theoretically, reducing supply while demand remains the same or surges automatically fuels the value of the token.

To gauge how these quarterly burns have impacted BNB’s price, AMBCrypto layered the disinflation data on the token’s price to get the full picture. 

Source: AMBCrypto

As illustrated, BNB price fluctuated below $400 in 2022 when the burnt rates remained below $600 million.

However, when burn rates hit over $1 billion for the first time in early 2024, the BNB price also doubled from $300 to $600. 

But that pattern didn’t hold.

Despite multiple billion-dollar burns since then, BNB didn’t rally proportionally. The most recent burn ($1.02B) in July 2025, for instance, was larger than January’s $916 million, but price gains were comparatively muted.

So, where is the new demand coming from?

Per DeFiLlama data, BNB chain DEX volume saw significant traction from late 2024 to 2025. In fact, it hit a record high of $170 billion in June, which adds demand pressure for on-chain users. 

Source: DeFiLlama

So, this on-chain traction could have also fueled BNB price action apart from the supply reduction. At press time, BNB traded at $692, up 15% from the June lows. 

However, the derivatives market told a more cautious story.

The Options market was somewhat bearish in the short term, with high demand for short-dated puts (bearish bets) over calls (bullish bets). 

Source: Laevitas

Meanwhile, the largest Option volumes of puts (red, long bar) were piled at $700, suggesting it was a key resistance level.

Another level for downside risk was at $660, making it a key short-term level to watch. 

Beyond $700, the highest volume of calls was at $800, making it a key bullish target if the $700 obstacle is cleared. 

Overall, BNB chain’s disinflation program positively impacted BNB price alongside its on-chain activity. The $660, $700, and $800 are key levels worth tracking in the NEAR term.