BNB crypto soars: How $1B burn and record DEX volume impact prices

Key Points

1. BNB Chain has burned 1,595,599.78 BNB tokens worth $1 billion as part of its quarterly disinflation program, removing about 30% of its supply in three years.

2. Despite the burns, BNB's price did not rally proportionally; for example, a $1.02B burn in July 2025 had muted price gains compared to earlier burns.

3. BNB Chain's DEX volume hit a record high of $170 billion in June 2025, contributing to the price surge alongside the burns.

4. Key price levels to watch are $660 (support), $700 (resistance), and $800 (bullish target), as indicated by derivatives market activity.

5. The derivatives market shows cautious sentiment, with significant put volumes at $700 and call volumes at $800, highlighting key resistance and bullish targets.