BNB Jumps Over 3% After $1.69B Token Burn, Overtakes XRP's Market Cap
Yahoo Finance·2025-10-27 20:17
The price of BNB, the native token of the BNB Chain, rose 3% in the past 24 hours, climbing to 1.69 billion token burn, the largest quarterly burn in U.S. dollar terms to date for the token. The price recovery came after a volatile week marked by sharp selloffs, shifting technical trends, and a market capitalization shakeup that saw BNB briefly lose its third place — excluding stablecoins — to XRP after the latter’s outperformance. The BNB Foundation said it destroyed over ...