On January 15, 2026, BNB Chain executed its 34th quarterly BNB token burn, permanently removing 1,371,803.77 BNB, valued at approximately $1.277 billion, from circulation.
The event highlights BNB's deflationary model enhancing scarcity, potentially impacting market dynamics and long-term asset valuation amid BNB Chain's ongoing ecosystem growth initiatives.
BNB Chain conducted its 34th quarterly token burn on January 15, 2026, permanently removing 1,371,803.77 BNB. This action aligns with the network's goal of reaching a 100 million BNB supply cap using a deflationary model. The 34th BNB Burn highlights the impact on the ecosystem.
Fermi Hardfork Live on Mainnet
Meanwhile, the Fermi hard fork upgrade is now live on BNB Smart Chain. Developers activated the upgrade on mainnet on Jan. 14, 2026, at 02:30 UTC, supported by the v1.6.4 client release.
Following the Fermi mainnet activation, block time dropped from 0.75 seconds to 0.45 seconds, improving transaction speed and dApp responsiveness.
Fermi also adds more parameter updates, improvements, and bug fixes to the BNB network.
Additionally, Fermi introduces updated voting rules for fast finality through BEP-590 to support frequent block production.
Essentially, Fermi makes the network faster without compromising reliability. It follows other major updates, including Lorentz, Pascal, and Maxwell.
BNB Price Outlook, What to Expect
BNB, the native digital asset of the BNB Chain, is currently showing improvement in its price. Over the past 24 hours, BNB price increased by 0.9% to $938.2, with a market cap of $127.9 billion.
Considering its latest move, BNB now moves closer to hitting the $1,000 mark. BNB closed higher after breaking above the $920 key resistance.
If the move continues, analysts have predicted that the BNB price may head toward the next resistance zone between $1050 and $1080.
The potential launch of a BNB ETF is one key factor that could fuel the move towards $1,000. Just a few hours after Grayscale announced the filing of its incoming spot BNB ETF, the BNB price posted 2% gains.
#Write2Earn #BinanceSquareFamily #Binance #BNB #SUBROOFFICIAL
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
The event highlights BNB's deflationary model enhancing scarcity, potentially impacting market dynamics and long-term asset valuation amid BNB Chain's ongoing ecosystem growth initiatives.
BNB Chain conducted its 34th quarterly token burn on January 15, 2026, permanently removing 1,371,803.77 BNB. This action aligns with the network's goal of reaching a 100 million BNB supply cap using a deflationary model. The 34th BNB Burn highlights the impact on the ecosystem.
Fermi Hardfork Live on Mainnet
Meanwhile, the Fermi hard fork upgrade is now live on BNB Smart Chain. Developers activated the upgrade on mainnet on Jan. 14, 2026, at 02:30 UTC, supported by the v1.6.4 client release.
Following the Fermi mainnet activation, block time dropped from 0.75 seconds to 0.45 seconds, improving transaction speed and dApp responsiveness.
Fermi also adds more parameter updates, improvements, and bug fixes to the BNB network.
Additionally, Fermi introduces updated voting rules for fast finality through BEP-590 to support frequent block production.
Essentially, Fermi makes the network faster without compromising reliability. It follows other major updates, including Lorentz, Pascal, and Maxwell.
BNB Price Outlook, What to Expect
BNB, the native digital asset of the BNB Chain, is currently showing improvement in its price. Over the past 24 hours, BNB price increased by 0.9% to $938.2, with a market cap of $127.9 billion.
Considering its latest move, BNB now moves closer to hitting the $1,000 mark. BNB closed higher after breaking above the $920 key resistance.
If the move continues, analysts have predicted that the BNB price may head toward the next resistance zone between $1050 and $1080.
The potential launch of a BNB ETF is one key factor that could fuel the move towards $1,000. Just a few hours after Grayscale announced the filing of its incoming spot BNB ETF, the BNB price posted 2% gains.
#Write2Earn #BinanceSquareFamily #Binance #BNB #SUBROOFFICIAL
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.