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Blockchain analytics firm YZi Labs has revealed that more than 64 million Binance Coin (BNB) have been permanently removed from circulation, leaving the cryptocurrency’s total supply capped at 100 million tokens.
— YZi Labs (@yzilabs) October 29, 2025
According to the report, this burn represents over 30% of BNB’s historical supply, reinforcing its deflationary design and highlighting one of the most aggressive token reduction programs in the crypto industry.
Decentralized Ownership and Institutional-Grade Distribution
YZi Labs found that approximately 66–67% of BNB are held by individual investors through exchanges or self-custody wallets. Another 27% is controlled by the BNB Foundation and designated for programmed token burns.
Binance itself holds only 4–5% of the total supply, while founder Changpeng Zhao (CZ) personally owns less than 1%, underscoring a highly decentralized ownership structure compared to earlier years.
BNB Token Burn Value Tops $72 Billion
Launched in July 2017 as an ERC-20 token on Ethereum before migrating to its own blockchain, BNB originally had a total supply of 200 million tokens. The Binance ecosystem plans to cut that figure in half through regular, automated burns tied to network performance.
As of October 29, BNB was trading at around USD 1,115, giving it a market capitalization of approximately USD 154 billion, or about 3% of the global crypto market.
The 64 million burned tokens are valued at roughly USD 72 billion, based on current prices.
Positive Market Outlook Following CZ’s Pardon
The YZi Labs report also noted that CZ’s recent pardon has sent a “strongly bullish signal” to the market, improving investor sentiment across North America and fueling renewed global adoption of BNB.
Ranked fifth by total market capitalization, BNB has consistently outperformed major cryptocurrencies during market downturns. Analysts attribute this resilience to its deflationary supply, broad user base, and the expanding Binance ecosystem, which continues to play a pivotal role in global crypto infrastructure.
