Crypto trading platform Banana Gun has permanently removed close to 50,000 team tokens from circulation, burning assets valued at approximately $350,000 as part of a broader effort to reinforce long-term alignment with its community.
https://x.com/bananagun/status/2006759700323336469
The burn follows a previously disclosed vesting schedule. The tokens had vested over the past several months after completing a two-year cliff. Rather than selling the unlocked allocation, the Banana Gun team unanimously chose to destroy the tokens, eliminating them from future supply.
According to the team, the decision was driven by alignment rather than market conditions.
“Selling these tokens never felt right,” the team stated. “Burning them was the clearest way to show that we are committed to building through both good and bad markets.”
A Signal of Long-Term Alignment
Token burns tied to team allocations are relatively uncommon, particularly after vesting periods have completed. By removing the tokens instead of monetizing them, Banana Gun reduces potential sell pressure while signaling a long-term outlook focused on platform development rather than short-term gains.
The move comes at a time when traders and investors are increasingly scrutinizing incentive structures, vesting schedules, and team behavior as indicators of project credibility. In this context, the burn serves as a tangible demonstration of alignment between the team and token holders.
Burn Coincides With Platform Momentum
The token burn follows a period of sustained operational performance for Banana Gun. According to recent platform data, the project has delivered multiple consecutive profitable weeks, including through traditionally slower holiday periods, while continuing to return 40 percent of fees directly to holders.
Earlier this month, Banana Gun was also named App of the Week by Base following the launch of full Layer 2 support through its Banana Pro web application. The Base rollout introduced onchain trading tools such as token discovery, swaps, limit orders, and wallet tracking, expanding the platform’s multichain footprint across Solana and Base.
Rather than accelerating short-term feature releases after the Base launch, the team has indicated that development efforts are now focused on larger upgrades targeted at the next market cycle.
Building Through Market Cycles
In its latest weekly update, Banana Gun emphasized that the current phase is intentionally quieter on the surface. With major infrastructure components now in place, the team is prioritizing longer-term engineering work designed to support future growth.
This approach reflects a broader industry shift toward durability and execution quality as onchain trading infrastructure matures. As volatility ebbs and flows, projects that continue building through downturns are increasingly viewed as better positioned for subsequent expansion phases.
By burning vested team tokens and continuing to invest in infrastructure, Banana Gun is reinforcing a message centered on longevity rather than opportunism. The combination of third-party recognition, sustained platform performance, and explicit supply reduction underscores a strategy focused on trust, alignment, and long-term relevance.
Banana Gun and its Banana Pro web application are available at https://pro.bananagun.io.
