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Ripple’s dollar-pegged stablecoin RLUSD is seeing a period of supply reductions, with millions of tokens permanently removed from circulation in a series of burn transactions tied to Ripple’s treasury

Ripple’s dollar-pegged stablecoin RLUSD is seeing a period of supply reductions, with millions of tokens permanently removed from circulation in a series of burn transactions tied to Ripple’s treasury activity. Blockchain trackers monitoring RLUSD activity show that multiple large burns have taken place recently, eliminating tens of millions of tokens from supply. The most recent burn alone accounted for 25 million tokens in one move, but that figure only tells part of the story.

Latest Burn Eliminates 25 Million RLUSD
The most recent transaction flagged by the Ripple Stablecoin Tracker on X saw 25 million RLUSD burned at the RLUSD treasury, the headline figure in what has been a multi-step reduction of the stablecoin’s circulating supply in recent days. Stablecoin burns permanently remove tokens from circulation by sending them to an inaccessible address, making them impossible to recover or spend again. In the case of RLUSD, the transaction effectively wiped out 25 million tokens from the total supply. That alone would have been notable, but multiple additional burns preceded it.

Before the latest 25 million token burn, Ripple had already destroyed several million RLUSD in separate transactions. These burns were carried out on both the Ethereum blockchain and the XRP Ledger, which are the two blockchains that RLUSD runs on.

Ripple Stablecoin Tracker on X recorded a transaction in which 8 million RLUSD were permanently removed from circulation. That burn did not occur in isolation. It followed another earlier transaction that destroyed 3 million RLUSD, continuing the pattern of supply reductions tied to Ripple’s treasury activity.

Looking further back, the sequence becomes even more notable. Prior to those two burns, the tracker had already flagged a 15 million RLUSD burn, followed by another 15 million RLUSD removal on the Ethereum blockchain. Before that, a separate transaction that eliminated 10 million RLUSD from circulation on the XRP Ledger.

Why These Bu

Ripple’s dollar-pegged stablecoin RLUSD is seeing

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Create Content for HTX and Win a Share of 1000U!Predict BTC's Price & Win 480M $HTX for 30 DaysClaim1,200 USDT in the Monthly Creation ChallengeBitcoin Defies Market Turmoil and Surges Higher, Reinfor

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Bitcoin Defies Market Turmoil and Surges Higher, Reinforcing Its Resilience
The world’s largest cryptocurrency, Bitcoin, is once again demonstrating its resilience as it continues to rise despite ongoing turbulence in global financial markets. While many traditional assets have struggled amid economic uncertainty and geopolitical tensions, Bitcoin has managed to maintain strong momentum, highlighting its growing role in the global financial system.
Bitcoin Stands Strong Amid Market Volatility
Recent market conditions have been marked by volatility across equities, commodities, and foreign exchange markets. Concerns over inflation, shifting monetary policies, and geopolitical instability have created uncertainty among investors. Yet, Bitcoin has shown remarkable strength, maintaining bullish momentum and attracting renewed investor interest.
Analysts note that Bitcoin’s performance during turbulent periods is increasingly reinforcing its reputation as a potential hedge against financial instability. In the past, cryptocurrencies were often seen as purely speculative assets, but the market is gradually recognizing Bitcoin’s role as a digital store of value.
Institutional Interest Continues to Grow
Another major factor supporting Bitcoin’s resilience is the increasing involvement of institutional investors. Hedge funds, asset managers, and even traditional financial institutions have been expanding their exposure to digital assets.
Institutional adoption has improved market liquidity and added credibility to the cryptocurrency sector. As a result, Bitcoin is no longer viewed solely as a niche investment but rather as an emerging component of diversified portfolios.
Supply Dynamics and Long-Term Holders
On-chain data also suggests that long-term holders are maintaining their positions despite short-term volatility. A signi

Bitcoin Defies Market Turmoil and Surges Higher, R

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Create Content for HTX and Win a Share of 1000U!ROBO: Secure & Open Future for AI and RoboticsShiba Inu finally recoveringShiba Inu are ready to sell Advertisement More than 112 billion SHIB tokens we

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Shiba Inu finally recoveringShiba Inu are ready to sell Advertisement More than 112 billion SHIB tokens were transferred to exchanges in the past day, bringing total exchange reserves back above the 80 trillion SHIB threshold, indicating a discernible change in Shiba Inu's on-chain dynamics.Shiba Inu finally recoveringAlthough price action has indicated a brief attempt at recovery, the increasing reserve balance adds another level of uncertainty for investors awaiting the asset's next move. As of this writing, SHIB is trading at about $0.0000061, indicating a slight recovery following weeks of continuous decline.SHIB/USDT Chart by TradingViewBulls were able to raise the price a little after the asset broke out of a short-term declining structure. But even with the breakout, a protracted bearish trend that has dominated Shiba Inu for months is still evident in the overall market structure. HOT Stories Crypto Market Review: Shiba Inu (SHIB) Breaks Curse, Ethereum Can Hit $2,500 After This Breakout, XRP's First Attempt to Hit $2 Boris Johnson Argues Bitcoin Is Giant Ponzi Scheme The rise in exchange reserves is one of the most significant indicators currently influencing the future. The total amount of SHIB tokens held on centralized exchanges has increased to about 80.63 trillion, according to data, which represents a 0.14 percent increase in just one day.   Advertisement Shiba Inu are ready to sellThis trend could also be a bearish sign. Large token movements on exchanges frequently indicate that holders are getting ready to sell or reallocate their holdings. Increased exchange liquidity may result in more supply entering the market, which may exert pressure on efforts to raise prices. You Might Also Like Fri, 03/13/2026 - 09:38 Has Shiba Inu Finally Shown Signs of Life? 1.75 Trillion Fueled Breakout ByArman Shirinyan Technically speaking, SHIB's recent recovery is still

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The U.S. Department of the Treasury has imposed sanctions on a network accused of helping North Korea generate illicit revenue through overseas information technology workers and cryptocurrency transa

The U.S. Department of the Treasury has imposed sanctions on a network accused of helping North Korea generate illicit revenue through overseas information technology workers and cryptocurrency transactions. Summary The U.S. Treasury sanctioned individuals and entities tied to a North Korean IT worker fraud network. The scheme allegedly used stolen identities and remote IT jobs to generate funds. Officials say cryptocurrency was used to launder and transfer proceeds linked to Pyongyang’s weapons programs. U.S. blacklists facilitators of DPRK scheme that used crypto to move illicit earnings In a statement, the Treasury’s Office of Foreign Assets Control (OFAC) said the targeted individuals and entities facilitated a scheme in which North Korean IT workers obtained remote jobs using stolen identities and false personas, allowing them to earn income from companies around the world. You might also like: Vitalik Buterin explains $500M SHIB donation, distances himself from AI safety lobbying Officials say the wages from these jobs were often funneled back to the North Korean government, helping finance the country’s weapons of mass destruction and ballistic missile programs. The regime has relied on such overseas workers to generate hundreds of millions of dollars annually. According to the Treasury, the network also relied on cryptocurrency to move and disguise the proceeds. Facilitators allegedly converted digital assets into cash or used crypto transactions to obscure the origin of funds before transferring them to accounts linked to the regime. The scheme typically involved North Korean developers posing as freelance programmers or software engineers on global contracting platforms. Using fabricated identities and stolen personal information, they secured jobs at unsuspecting firms in the United States and other countries. In some cases, authorities say these operatives introduced malware into company networks or exfiltrated sensitive data once they gained access to c

A crypto analyst has released a detailed breakdown of his Bitcoin (BTC) game plan, covering multiple price scenarios as market conditions continue to shift and appear to be entering critical stages. H

A crypto analyst has released a detailed breakdown of his Bitcoin (BTC) game plan, covering multiple price scenarios as market conditions continue to shift and appear to be entering critical stages. His update also presents a comprehensive outlook for the months ahead, including adjustments to his positions below $100,000 as he heads into Q2 2026.

Analyst Reveals Bitcoin Strategy For Upcoming Months
Crypto market expert ChainHub has shared his updated Bitcoin strategy, outlining his approach for the next phase of the cryptocurrency’s price action. In his post on X, the analyst suggested that if Bitcoin fails to break out within the next week, it could indicate the cryptocurrency may not be ready for a reversal yet. According to him, BTC will not reverse unless it reaches key demand zones around $53,000- $58,000 and $44,000- $46,000.

ChainHub explained that before these two demand zones were established, earlier resistance levels around $76,000-$80,000 had failed to hold. As a result, he projected that prices below $30,000 could serve as the next realistic reversal points in Bitcoin’s high-timeframe downtrend.

Interestingly, ChainHub stated that Bitcoin is technically still in a bullish phase, but breaking higher without sufficient demand would be challenging. He acknowledged that while it may be difficult, BTC could still rebound to $78,000. Given the uncertainty surrounding the market’s future direction, the analyst has begun dollar-cost averaged (DCA) into short positions to hedge his spot holdings. As part of his BTC game plan, he stated he would likely close all spot positions heading into the first week of April.

What Comes Next For BTC And Altcoins
In his post, ChainHub compared Bitcoin’s performance with other markets, noting that his oil forecasts have been more accurate than his BTC and Ethereum predictions. He added that, despite altcoins displaying bullish chart structures similar to oil, they have failed to generate widespread gains due to weak Bitco

A crypto analyst has released a detailed breakdown

Create Content for HTX and Win a Share of 1000U!OPN: Omnichain Prediction MarketTrusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has spent th

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has spent the past two weeks in a war zone; not literally, but functionally. Since US and Israeli forces launched coordinated strikes on Iran on February 28, crypto markets have been held hostage by geopolitical shock, energy price chaos, and a global risk-off mood that has kept institutional conviction firmly on the sidelines.Now, with Trump signaling he wants the conflict over soon, what happens to Bitcoin? The answer is based on current on-chain data and market structure, and ETF flows, for instance, are already leaning positively. Bitcoin Trading Under A Geopolitical DiscountBitcoin was already showing signs of a market that had been beaten down but not broken before a single missile was fired. On-and-off tensions in the Middle East have had broad consequences across global markets, and Bitcoin was not immune to these pressures. Related Reading: This Analyst Correctly Predicted Bitcoin’s Recovery Will End Badly, But What’s Next?Bitcoin hit $74,000 in early March before pulling back as news of Iranian counter-strikes rattled investor sentiment. That price level is now the most important level the market needs to reclaim, and the tensions are the primary obstacle standing in the way.However, according to the report from Glassnode, the leading cryptocurrency has begun to recover for the larger part of its metrics. Momentum has begun to recover, and the RSI has lifted from recent lows, but price action is still looking for the strength of a decisive bullish move. Still, the realized profit-to-loss ratio, supply in profit, and net unrealized profit and loss (NUPL) are all posting modest improvements. Source: Chart from Glassnode on XCan The Bitcoin Price Surge Soon?The war’s most consequential macroeconomic effect has been on energy prices. The price for a barrel of Brent crude 

Trusted Editorial content, reviewed by leading ind

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industry experts and seasoned editors. Ad Disclosure Bitcoin is attempting to climb above the $72,000 level as the market searches for direction following weeks of volatile and largely sideways price 

industry experts and seasoned editors. Ad Disclosure Bitcoin is attempting to climb above the $72,000 level as the market searches for direction following weeks of volatile and largely sideways price action. While buyers have recently pushed the asset higher, the $72K zone continues to act as a key resistance level, limiting upward momentum as traders evaluate both macroeconomic conditions and on-chain signals. Related Reading: Alameda Triggers $17M Solana Unstaking As Creditor Liquidations ResumeAmid this technical battle, new research from CryptoQuant analyst XWIN Research Japan highlights a notable shift in Bitcoin's long-term valuation metrics. The report focuses on the Market Value to Realized Value (MVRV) ratio, a widely used on-chain indicator designed to evaluate whether Bitcoin is trading above or below its historical cost basis. The MVRV ratio compares Bitcoin's market capitalization with its realized capitalization, which represents the aggregated value of coins based on the price at which they last moved on-chain. By analyzing this relationship, the indicator helps determine whether the average investor is currently holding unrealized profits or losses. According to the latest data, Bitcoin's 365-day MVRV ratio has fallen to levels similar to those observed in late 2022 following the collapse of the FTX exchange. During that period, intense market stress pushed many investors into unrealized losses, compressing average returns well below historical norms and marking one of the most difficult phases of the previous market cycle.MVRV Patterns Suggest Possible Undervaluation Phase The CryptoQuant report notes that previous periods of depressed MVRV readings have often preceded strong recoveries in Bitcoin's price. After the sharp market stress that followed the FTX collapse in late

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Claim1,200 USDT in the Monthly Creation Challenge Solana vs. XRP: The Race Toward Key Milestones The cryptocurrency market is witnessing a resurgence in bullish sentiment, placing Solana (SOL) and XRP

Solana vs. XRP: The Race Toward Key Milestones
The cryptocurrency market is witnessing a resurgence in bullish sentiment, placing Solana (SOL) and XRP at the forefront of investor attention. As Bitcoin stabilizes above $70,000, analysts are debating which of these two major altcoins will reach its respective psychological target first: Solana reclaiming its all-time high (ATH) or XRP hitting the $2 mark.
Market Dynamics and Forecasts
Solana is currently benefiting from significant institutional interest and whale accumulation, with large-scale investors recently moving millions into the asset. Technical indicators, including a positive Chaikin Money Flow and a potential "cup and handle" formation on the monthly chart, suggest a strong bullish continuation. Analysts predict that if SOL maintains support above $90, a move toward $100 is imminent, paving the way for a long-term journey back to its $294 ATH.
Conversely, XRP has shown remarkable strength by breaking the $1.40 resistance level. Supported by increased derivatives open interest and strategic partnerships, such as the expansion with Mastercard, XRP appears closer to its target.
The Prediction
While both assets exhibit bullish momentum, the mathematical probability favors XRP reaching $2 first. To hit its target, XRP requires approximately a 40% increase from current levels. In contrast, Solana must surge over 200% to reclaim its ATH. Consequently, while Solana offers high long-term growth potential, XRP is positioned as the more likely candidate for a near-term milestone breakout.

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Solana vs. XRP: The Race Toward Key Milestones

Create Content for HTX and Win a Share of 1000U!ROBO: Secure & Open Future for AI and RoboticsXRP Ledger (XRPL) is currently eyeing two amendments to the blockchain network. The anticipated amendments

XRP Ledger (XRPL) is currently eyeing two amendments to the blockchain network. The anticipated amendments, if they scale through, will boost lending and improve the vault. As per insights from XRPScan, the voting process is still ongoing. Advertisement XRP Ledger may face reset if amendments failNotably, validators are still in the process of decision-making for both v3.1.0 "SingleAssetVault" and v3.1.0 "Lending Protocol." So far, only eight and six validators have logged their votes on these amendments on the XRP Ledger.It will take some time for the final results to come in, with consensus at 22.86% and 17.14%, respectively. In order for the amendments to scale, the total number of votes must meet the stipulated threshold that has been set, even before voting commences.According to XRPScan, the minimum threshold has been set at 28 votes out of the total 35. This represents a total of 80% of the votes cast by validators. As it stands, the amendments have very little chance of meeting the threshold, as votes are still very low.Barring any last-minute surprises, the amendments might not pull through on the XRP Ledger. Community members are likely to see the activation timer reset, and it could be voted on again in the future. You Might Also Like Fri, 03/13/2026 - 11:09 Bitcoin to Reach Gold’s Market Cap in 15 Years, Scaramucci Predicts; How Much Would BTC Cost Then? ByYuri Molchan Past XRPL amendment bug highlights importance of reviewAmendments are a big deal on the XRP Ledger. In February, a bug was discovered by security researchers in the proposed "Batch amendment," XLS-56. If the vulnerability was not been detected, it could have allowed malicious attackers to drain funds from users’ wallets without requiring their private keys.At the time of discovery, the amendment was still in the voting phase, and it had not been activated. The timely discovery saved users from

XRP Ledger (XRPL) is currently eyeing two amendmen

On March 14, according to US media citing two Iraqi security officials, a missile hit the helicopter landing pad inside the US Embassy in Baghdad. Footage showed a plume of smoke rising above the emba

US media: A missile struck the helipad of the US embassy in Baghdad.

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