BNB price outlook as quarterly burn cuts supply to 134.7M

  • BNB price hovers near $620 as bulls target a fresh short-term rally.
  • The 35th quarterly burn has reduced BNB supply to 134.7 million.
  • A shift in macro and geopolitical conditions could bolster BNB and other altcoins.

BNB price traded to highs of $630 on Wednesday, recovering to intraday highs after earlier moves across crypto dented bulls’ plans.

The rejection at the multi-week peak means the Binance Coin’s value is back near the $620 mark, where buyers are looking to pile in as the BNB Foundation reveals its second quarterly burn of 2026 has cut the native token supply to approximately 134.7 million.

Could this supply squeeze help BNB price higher, or are short-term headwinds too strong for bulls?

BNB supply drops amid quarterly burn

According to the BNB Foundation, the 35th quarterly burn has permanently removed 1,569,307.34 BNB tokens valued at $1.02 billion from circulation.

This means the total supply has dropped further, with the metric now at 134,786,916.53 and reinforcing the coin’s deflationary mechanism.

On a bullish note, what this burn does is to advance BNB toward the 100 million token target.

More than 40% of the initial supply has now been eliminated since BNB’s launch, with regular removals introduced in 2021. In January this year, Binance marked the 34th burn, which removed 1.37 million BNB worth $1.29 billion at the time.

Surging on-chain metrics, such as all-time high daily active users and dApp usage, have directly boosted the burn’s scale amid growth in real-world assets, DeFi, gaming, and layer-2 ecosystems.

BNB price analysis

While BNB exploded in 2025, the past several months have seen the ecosystem token struggle with downside pressure. Controversial headlines and fear, uncertainty, and doubt (FUD) around Binance and its founder, Changpeng Zhao, have contributed to the downtrend since the highs of $1,300.

Notably, the 54% dip from the ATH of $1,370 on October 13, 2025, aligned with overall losses for Bitcoin and Ethereum.

Macroeconomic and geopolitical headwinds have largely capped BTC, with the latest uptick stalling around $76,000.

Currently, BNB price lingers near $620, slightly off highs seen after the burn and in line with Bitcoin’s retest of the $74k level.

Despite this outlook, a double-bottom formation at the $600 support zone points to bullish reversal prospects for BNB. Positive momentum indicators and fresh flows could strengthen this picture.

If Bitcoin rides macro and geopolitical tailwinds to a new year-to-date peak, BNB could test resistance at $800.

The supply zone coincides with the 50-week moving average; breaching it could propel prices to the $1,000-$1,200 hurdle.

However, a close below $600 risks awakening more bears.

If this mirrors a broader crypto downturn, the next support level could be around $530.

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WLFI token outlook as 4.52B burn, 62.28B unlock reshape tokenomics

  • World Liberty Financial is reshaping WLFI token supply.
  • About 4.52 billion insider tokens may be burned if the vote passes.
  • WLFI token price stays volatile, driven by governance vote expectations.

World Liberty Financial’s WLFI token has been in the spotlight after a major governance proposal that is expected to reshape the token’s supply structure.

The proposal centres on unlocking 62.28 billion tokens over time while also burning about 4.52 billion tokens tied to insider allocations.

The market reaction has been quick, mixed, and heavily driven by speculation rather than steady trend building.

At the time of writing, WLFI traded around $0.081, slightly higher on the day by about 1%.

However, the broader picture is less stable. Over the past week, the token has dropped more than 10%, and losses extend beyond 20% over the past month.

Despite occasional intraday recoveries, the overall trend still reflects sustained pressure from earlier selloffs.

A major shift in WLFI’s token structure

The core of the current debate is the proposed restructuring of a large portion of WLFI’s supply.

Roughly 62.28 billion tokens that were previously locked will no longer remain in indefinite restriction.

Instead, they would be released gradually over a multi-year period, estimated between four and five years.

This change is important because it replaces uncertainty with a defined timeline.

Investors will no longer have to guess if or when a large amount of tokens might enter circulation at once.

Instead, the release becomes structured and predictable, which reduces the fear of sudden supply shocks.

Alongside this unlock plan is a separate but closely connected mechanism: a burn of approximately 4.52 billion tokens.

This burn is targeted mainly at insider allocations, including team and advisor holdings, and is expected to take effect only if participants accept the new governance terms.

The combination of these two moves creates a balancing effect. On the one hand, more tokens are gradually introduced into the system.

On the other hand, a portion is permanently removed from supply expectations.

This dual approach is designed to ease concerns around dilution while still improving liquidity over time.

Market reaction driven by speculation and vote expectations

The market response to the proposal has been far from calm.

WLFI has seen sharp bursts of trading activity, including sudden volume spikes that suggest short-term speculation rather than long-term positioning.

In one instance, trading activity surged dramatically within a short window, showing how sensitive the token is to governance-related headlines.

Price action has also been closely tied to broader crypto sentiment.

Recent strength in the wider market has provided temporary support, helping WLFI hold small gains even as its medium-term trend remains weak.

Still, these gains have not been strong enough to reverse the overall downward structure that has been in place for weeks.

Whale activity has added another layer of volatility.

Large holders have been seen both selling into strength and accumulating during dips, creating a choppy and unpredictable price environment.

This kind of behaviour is typical when traders are positioning ahead of a major governance decision rather than reacting to long-term fundamentals.

Short-term WLFI token price outlook

In the short term, WLFI’s direction appears tightly linked to the outcome of the ongoing governance vote.

If support around $0.078 holds and the proposal gains approval, WLFI could attempt another move toward the $0.084 area, which has acted as a near-term resistance zone.

This scenario would likely be driven by renewed confidence in the tokenomics restructuring and reduced fear of uncontrolled supply expansion.

However, if the vote fails or sentiment weakens, the downside risk becomes more visible. A break below $0.078 could open the door to a retest of recent lows near $0.072.

4.52B burn and 62.28B WLFI token unlock proposal drives tokenomics shift

In that case, selling pressure could accelerate as traders unwind short-term positions built around the proposal hype.

Beyond short-term volatility, the proposal signals a deeper restructuring of WLFI’s economic model.

By turning previously locked tokens into a structured vesting system, the project is attempting to replace uncertainty with long-term predictability.

The 4.52 billion token burn adds another layer to this strategy, acting as a signal of commitment from insiders while also reducing perceived excess supply pressure.

Combined with a multi-year unlock schedule, the goal is to smooth out future token distribution rather than allowing large, sudden changes in supply dynamics.

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(CAKE) tops $1.60, bullish sentiment grows amid rising Open Interest

Key takeaways

  • PancakeSwap is holding above the key support level at $1.55, hinting at an upside move ahead.
  • Rising open interest alongside positive funding rates signals increasing participation.

PancakeSwap (CAKE) is trading in the green above $1.60 on Thursday after finding support around this key level the previous day. Positive derivatives data, along with constructive price action, suggest that CAKE could continue its upward trajectory in the coming days.

Bullish derivatives data pushes CAKE higher

CoinGlass data reveals a sharp increase in the futures’ Open Interest (OI) for PancakeSwap, which rose to $32.48 million on Tuesday and climbed further to $32.28 million on Thursday, the highest level since March 17. 

The steady increase in OI signals that new money is entering the market, which could sustain CAKE’s ongoing price rally.

Additionally, the funding rates are showing a positive shift, further supporting the bullish sentiment. CoinGlass’ OI-Weighted Funding Rate for CAKE turned positive on Wednesday and reads 0.0056% on Thursday. 

This indicates that long positions are paying short positions, further suggesting that the market sentiment remains bullish.

PancakeSwap price forecast: momentum indicators suggest further rally

The CAKE/USDT 4-hour chart is bullish and efficient, as Pancakeswap is trading at $1.60 at press time.

The coin retains a constructive bias, supported by its positioning above the 50-day and 100-day Exponential Moving Averages (EMAs) at $1.46 and $1.57, respectively. 

CAKE’s current price action indicates that underlying demand continues to drive the recent advance, despite CAKE remaining below the 200-day EMA at $1.81, which marks the upper boundary of the broader corrective structure.

The Relative Strength Index (RSI) on the daily chart is at 64, suggesting that while the price has firm upside momentum, it could be vulnerable to consolidation as it nears overbought territory. 

The Moving Average Convergence Divergence (MACD) remains positive, reinforcing the bullish short-term outlook.

On the upside, initial resistance is found at the 50% retracement of the latest swing at $1.67, followed by the 61.8% Fibonacci level at $1.78 and a nearby horizontal resistance at $1.79. The 200-day EMA at $1.81 represents a more substantial barrier.

CAKE/USDT 4H Chart

However, if the bears regain control, immediate support lies at the 100-day EMA at $1.57, followed by the 38.2% retracement at $1.55. 

A deeper pullback could test the 50-day EMA at $1.46 and the 23.6% Fibonacci level at $1.40, with stronger structural support emerging near $1.28.

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Ripple taps Kyobo Life to enable real-time government bond settlements in Korea

  • Partnership cuts bond settlement time from two days to near real-time.
  • Bond settlements will use blockchain to reduce risk and remove intermediaries.
  • Impact expands into payments, liquidity, and treasury systems.

Ripple has partnered with Kyobo Life Insurance, one of South Korea’s largest institutional investors, stepping into government bond settlement.

This move signals a shift in how traditional financial infrastructure is being rebuilt.

Instead of relying on legacy systems that take days to complete transactions, the partnership is focused on bringing government bond settlements onto blockchain rails, where transactions can be executed almost instantly.

At the same time, the price of Ripple’s native token XRP is up 4.1% to $1.41 after stalling below $1.38 for a while following the announcement of the partnership.

A move away from slow settlement systems

Government bond markets are among the most important pillars of any financial system. Yet, the infrastructure behind them has remained largely unchanged for decades.

Today, settling bond transactions typically takes two days. This delay, often referred to as T+2, creates several inefficiencies.

Capital remains locked during the waiting period, institutions face counterparty risk, and multiple intermediaries are required to complete a single transaction.

The new system being developed in South Korea aims to remove these bottlenecks.

By tokenising government bonds and settling them on-chain, transactions can move from a two-day process to near real-time execution.

This reduces the need for intermediaries and allows both parties to complete transactions simultaneously, improving trust and transparency.

For large institutional players like Kyobo Life, which manages tens of billions of dollars in assets, even small efficiency gains can translate into significant financial impact.

Building institutional-grade blockchain infrastructure

The backbone of this initiative is Ripple’s custody and settlement technology, designed specifically for regulated financial institutions.

This is not a public, open-ended blockchain experiment. It is a controlled, compliant system built to meet the standards of traditional finance.

Security, auditability, and regulatory alignment are central to its design.

The idea is simple: replicate the functions of existing financial infrastructure, but do it faster, with fewer layers, and with better visibility.

Kyobo Life’s role in the partnership is equally important. As a major institutional investor, it brings real-world scale to the project.

This is not a theoretical use case. It is a live test of how blockchain can support high-value financial instruments in a regulated environment.

The project has already progressed beyond early-stage research.

After initial proof-of-concept work in 2025, it has moved into a test environment, where the system is being evaluated under real-world conditions.

By bringing government bond settlement onto blockchain, Ripple and Kyobo Life are laying the groundwork for a more efficient financial system. One where transactions are faster, risks are lower, and capital moves with fewer constraints.

And if it succeeds, it could reshape not just how bonds are settled in Korea, but how financial markets operate more broadly.

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Pepe (PEPE) surges 9%, drawing interest from whales

Key takeaways

  • PEPE is up 9% in the last 24 hours, making it one of the best performers among the top 50 cryptocurrencies by market cap.
  • The rally comes amid renewed interest from whales and retail investors. 

Pepe (PEPE) has extended its gains by roughly 9% at press time on Thursday, as the broader cryptocurrency market recovers from a risk-off sentiment following truce negotiations between the US and Iran.

With large wallet investors, commonly referred to as whales, reaccumulating PEPE, and retail interest steadily rising, the frog-themed meme coin is gaining traction. 

PEPE rallies as the broader market recovers

The cryptocurrency market’s recovery is sparking a shift toward risk-on sentiment, with traders becoming more optimistic. 

This has led to renewed attention on meme coins, including Pepe. Data from CoinGlass shows that the PEPE futures Open Interest (OI) has surged by 20% in the past 24 hours, reaching $228.67 million. 

This increase suggests that more traders are betting on PEPE’s price to increase in the near term.

Furthermore, large wallet investors holding over 100 million PEPE tokens are steadily rebuilding their positions, signaling a long-term bullish outlook. 

Santiment data reveals that investors with holdings ranging from 100 million to 1 billion PEPE tokens now own 10.64 trillion PEPE, up from 10.59 trillion on February 15. Investors with over 1 billion PEPE tokens now control 3.64 trillion PEPE, up from 3.60 trillion in late February, reinforcing the interest of whales in the asset.

Technical outlook: Can Pepe sustain its rally?

The PEPE/USD 4-hour chart continues to be bearish and inefficient despite rallying above the 50-day Exponential Moving Average (EMA) for the second consecutive day.

PEPE is now trading at $0.000003877, testing the 100-day EMA at $0.00000411, with no clear directional bias. 

A decisive daily candle close above this level could pave the way for further gains, potentially reaching the 200-day EMA at $0.00000550.

The Relative Strength Index (RSI) stands at 62, suggesting moderate momentum with potential room for further upside before entering overbought territory. 

PEPE/USD 4H Chart

Meanwhile, the Moving Average Convergence Divergence (MACD) shows steady upward movement, supporting the bullish trend.

However, if the bears regain control, PEPE’s key support lies at the 50-day EMA, near the broken trendline, at $0.00000364.

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