Market cap is calculated by multiplying the current BNB price by its circulating supply of 136 million tokens. At $626 per BNB, the market cap exceeds $85 billion. This metric is widely used to rank cryptocurrencies and compare relative size. BNB has consistently ranked #4 or #5 globally, competing closely with XRP and Solana for that position.
Read MoreBinance conducts quarterly BNB token burns, reducing the total supply until it reaches 100 million tokens. The burn amount is calculated based on Binance's quarterly revenue, meaning higher exchange activity leads to more tokens burned. Since 2017, multiple burn events have reduced the supply significantly from its original 200 million issuance, creating a deflationary effect that supports long-term value.
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