Overview
- The BNB Foundation said the 35th burn destroyed 1,569,307.34 BNB worth about $1.02 billion, leaving a total supply near 134.7 million.
- BNB trades around $620 after a brief push to $630, with buyers watching if the move can extend.
- Analysts noted a break above a multi‑year falling wedge and a momentum indicator called MACD turning higher.
- If the breakout holds, technicians map a path toward about $1,089, with $600 viewed as key support and $800 as the next test.
- Potential drivers include ongoing spot BNB ETF applications and new Binance listings, while earlier liquidity drains and heavy leverage still pose risks.