BNB Price Prediction Ahead of 37th Quarterly Token Burn in Mild October

BNB Price rose 0.4% over the past 24 hours to $778.01, holding above $770 as attention turned toward $800. Binance price has gained 10% over the past month, with its 37th quarterly token burn drawing attention during October.

The rise follows a marginal drop in the crypto market in general over the past 24 hours. Bitcoin price remained near $84,800, with Ethereum selling at $2,681 and XRP at $1.49.

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BNB Price Holds Near $770 Ahead of 37th Quarterly Token Burn

BNB Chain has not yet confirmed a precise date for its 37th quarterly burn, which is expected to take place around mid-October. The regular occurrence of the event comes at the cost of tokens being permanently removed, and the timing of the event is predictable, implying less ‘surprise’ for market participants.

BNB Chain reported destroying 1,615,827.8 tokens on July 15, valued at approximately $932 million at the time. That burn left 133.17 million BNB outstanding, reducing the previous supply by approximately 1.2%.

The auto-burn formula uses BNB’s price and quarterly block production to determine how many tokens are removed. The programme aims to lower total supply to 100 million BNB through quarterly burns.

Supply reduction alone does not establish an immediate price catalyst. Demand and broader market conditions still influence BNB’s next move.

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BNB Chain First to Top $1 Billion in Tokenized Stocks and ETFs

The BNB Chain network has become the first blockchain to exceed $1 billion in tokenized stocks and exchange-traded funds. Token Terminal data puts the network’s total at approximately $1.1 billion, equivalent to nearly 30% of the market. The wider tokenized stocks and ETF sector is valued at around $3.7 billion across blockchain networks.

Ethereum follows BNB Chain with $828 million, ranking ahead of Solana in the figures cited by Token Terminal. Solana accounts for $738 million in tokenized stocks and ETFs, placing it behind the two other leading networks.

BNB Chain’s market share stood at 13% in January, meaning its portion has more than doubled since then. The milestone reflects increasing demand for blockchain-based versions of traditional stocks and ETFs.

Is Binance Coin Price Preparing for a Breakout Toward $800?

The Binance Coin price surged to $776 from September lows near $710, while remaining below its recent peak

The relative strength index stood at 56.87. These readings suggest a modest bullish bias, with RSI still below the conventional 70 overbought threshold.

The MACD line measured 1.52, exceeding the signal line’s 0.89, while the histogram remained positive at 0.64. 

Based on the marked resistance levels, a sustained four-hour close above $790 could open a move toward $800. A successful break above $800 would put $820 in focus as the next potential upside target as per the BNB price outlook for long term. 

Support near $770 remains central to that outlook because recent trading has repeatedly crossed this level. 

A decisive close below $770 could instead expose the recent lows around $755–$760. If that area fails, earlier trading near $740 would become the next downside reference.