According to @OnchainDataNerd, BNB's strong deflationary model has resulted in over 31% of its total supply being permanently removed from circulation, which supports its long-term value. This increasing scarcity, along with rising demand, positions BNB as a leading 'blue-chip' cryptocurrency that bridges traditional and digital finance. These deflationary dynamics are considered bullish signals for traders seeking assets with sustainable value growth. Source: @OnchainDataNerd

According to Crypto Rover, Binance Coin (BNB) has successfully completed its 31st quarterly burn, with a total of 1,570,000 BNB, equivalent to $916 million, being burned. This significant reduction in supply could lead to increased scarcity, potentially driving up the price of BNB. Traders should note the potential for increased volatility and consider this in their trading strategies as the market adjusts to this reduced supply.