Binance Coin: Can $1.2B BNB burn trigger a rally in Q1 2026?

Binance has doubled down as the most important change and the main EVM chain when it comes to exercise lately. Nevertheless, Ripple [XRP] flipped the altcoin, remodeling it into the fourth-highest-capped Layer 1 blockchain.

Current market exercise means that Binance’s native cryptocurrency, BNB, may be gearing up for a rally. Will Q1 2026 be bullish for the altcoin, and can it reclaim its third place?

How huge token burns may affect BNB?

As per knowledge from BNBBurn.data, the cryptocurrency was set for a large token burn within the first quarter of this 12 months. The final quarter of 2025 noticed about $1.276 billion, accounting for 1.371 million Binance [BNB] ready for burn execution.

Because the markets navigated by Q1 2026, one other $1.217 billion in BNB was set to be completely faraway from circulation. This was equal to greater than 1.374 million BNB, about 1% of the circulating provide.

Supply: BNBBurn.data

The burning of those tokens would scale back the availability, which is bullish, however provided that it’s met with demand. This might spark a rally for the altcoin in Q1 as soon as the burns have been executed.

Extra chain exercise on BNB Chain!

Along with the upcoming burn, which is taken into account bullish, the chain exercise on BNB was additionally performing nicely. BNB led all different EVM chains with energetic addresses, with a document of about 2.63 million.

The chain outpaced Sei Community [SEI], Polygon [POL], Base Chain, and Ethereum [ETH], which adopted one another, respectively. BNB’s addresses have been double that of second-placed SEI.

Supply: Sei Community

As soon as once more, the stablecoin provide on the BNB Good Chain surged to a brand new peak, approaching $16 billion. This was an addition of virtually $2 billion in lower than two months, because the rise began in mid-November.

Supply: Dune Analytics

This demonstrated that the stablecoins, used to inject capital into the blockchain, supplied ample liquidity for the chain. Consequently, the value of the altcoin may comply with the pattern seen in its on-chain exercise.

Will the altcoin be bullish in Q1?

Wanting on the charts, BNB costs have been buying and selling in a spread since mid-December. Inside this vary, its value rallied in the course of the first week however failed to interrupt previous $921, extending the consolidation.

At press time, the MACD was extraordinarily bearish, and the Web Quantity at $512 was constructive however insignificant when it comes to magnitude.

The token burns and elevated chain exercise may change this outlook for this 12 months’s first quarter. A break above $921 may see BNB reclaim its peak and even surpass it.

Supply: TradingView

Nevertheless, this was not assured, because the broader market sentiment additionally wanted to align.

Remaining Ideas

• BNB Chain was set for greater than $1.2B in token burn, lowering its circulating provide as its exercise boomed.  
• BNB value was buying and selling in a sideways consolidation, however the actions on the chain may spark a breakout.