A leading blockchain ecosystem foundation recently completed its first quarterly token burn operation for 2026, marking the 34th consecutive scheduled burn. The total amount burned this time reached 1,371,803.77 tokens, including 1,371,703.67 tokens from the regular automatic burn mechanism and an additional 100.1 tokens from the Pioneer Burn special burn.
After the burn, the total circulating supply of the token has decreased to 136.36 million tokens. The scheduled burn mechanism serves as an inflation control tool, influencing the long-term token value by reducing the circulating supply in the market. This cyclical burn strategy is not uncommon among mainstream cryptocurrencies and aims to balance ecosystem growth with token scarcity.
From a market perspective, supply dynamics of major tokens like BNB and XRP often influence investor expectations. As the burn scale accumulates, the tokenomics framework continues to evolve. For traders focused on cryptocurrency fundamentals, such supply-side data is worth monitoring continuously.
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0xLostKey
· 8h ago
It has been burned 34 times in a row. This number looks like it's telling a story, but it indeed shows that the project team is working diligently.
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OffchainOracle
· 8h ago
It's the 34th time already. The destruction力度 seems pretty intense, but whether it can really boost the market is still a question.
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SolidityNewbie
· 8h ago
34 burns have been carried out, the numbers look good but the price hasn't increased, this is outrageous.
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GateUser-e87b21ee
· 8h ago
Another round of burning, the 34th time, this rhythm is truly stable.
Burning, to put it simply, is a psychological game; reducing supply makes investors feel comfortable.
After 134 consecutive burns, does it feel like there's no real progress?
This trick has been played by BNB long ago, now it's this company following suit.
Those who truly look at the fundamentals have already jumped on board; the burning data is just a backdrop.
Circulating supply has dropped to 136 million, sounds scarce, but will the market buy it?
34 burns, how is the token price? Does anyone know?
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MetaDreamer
· 8h ago
It's been 34 consecutive times. The destruction pace is quite aggressive, feeling like a relentless fight against inflation.
A leading blockchain ecosystem foundation recently completed its first quarterly token burn operation for 2026, marking the 34th consecutive scheduled burn. The total amount burned this time reached 1,371,803.77 tokens, including 1,371,703.67 tokens from the regular automatic burn mechanism and an additional 100.1 tokens from the Pioneer Burn special burn.
After the burn, the total circulating supply of the token has decreased to 136.36 million tokens. The scheduled burn mechanism serves as an inflation control tool, influencing the long-term token value by reducing the circulating supply in the market. This cyclical burn strategy is not uncommon among mainstream cryptocurrencies and aims to balance ecosystem growth with token scarcity.
From a market perspective, supply dynamics of major tokens like BNB and XRP often influence investor expectations. As the burn scale accumulates, the tokenomics framework continues to evolve. For traders focused on cryptocurrency fundamentals, such supply-side data is worth monitoring continuously.