Binance Coin Price Prediction As 34th Quarterly BNB Token Burn Takes Place

Binance Coin Price remained resilient, trading above $940 after a steady 5% increase over the past week. 

This increase is connected with an overall upward trend in the market as Bitcoin stood strong at the price of above $96,000 and Ethereum price hovered at $3,300.The crypto market in general has been on a bullish trend, and this is a pointer to more investor confidence.

The Binance Coin is now set to appreciate, especially with its 34th quarterly event of burning BNB tokens, which occurs regularly and reduces supply.

BNB Chain Completes 34th Quarterly Burn, Removes $1.27B Worth of Tokens

BNB Chain has officially completed its 34th quarterly BNB token burn, marking the first for 2026.

A total of 1,371,803.77 BNB were removed permanently out of circulation. This consists of 1,371,703.67 BNB using the normal burn system and 100.1 BNB using the Pioneer Burn Program.

The approximate value of the burn in USD was worth about 1.277 billion during the time of the transaction. The BNB Foundation has ensured that it is a long term deflationary plan, which will minimize supply in the long run.

The current total supply left after this burn according to the latest figures is 136,361,374.34 BNB.

BNB Chain regularly provides token burns every quarter as one of its efforts to maintain a healthy ecosystem.

The foundation urges the population to share live statistics and follow the remaining tokens to be burned in future in their official channels. This latest burn is publicly available to view the transaction.

Is Binance Coin Price Poised for a Rally Towards $1,000?

The latest BNB price traded at $939 as of January 15, 2026, reflecting a 0.21% increase in the 4-hour chart.  Over the past few days, Binance Coin (BNB) has seen some volatility, breaking above key resistance levels around $900 and testing the $950 mark.

The RSI (Relative Strength Index) is at 64.36, and this implies that BNB is heading to an overbought position.

The MACD (Moving Average Convergence Divergence) indicator presents a positive momentum with its histogram color in the green area, meaning that the buying pressure is yet to expire. There is also an additional trend supporting the present bullish trend, which is the MACD line above the signal line.

In the event that BNB did not overcome the resistance at $950, it might be likely that the BNB will revert to $900. The established upward break of more than $950 would be a validation of the next bullish escape with possibilities of extending to a level of $1,000.