Ripple moved 65 million XRP to an unknown address in a single transaction. The transfer occurred amid broad market volatility, with XRP trading in deep red territory. Some market participants interpret the move as a potential liquidity operation, while others worry it could precede a sell-off.
Zero burns have been recorded over 25 hours, according to Shibburn data. The Shiba Inu ecosystem relies on the burn mechanism to reduce the circulating supply and occasionally removes tokens from circulation to create scarcity and potentially lift prices. SHIB remained volatile, trading around $0.000007144, down about 2.05%.
Cardano founder Charles Hoskinson and Solana founder Anatoly Yakovenko have agreed to establish a cross-chain bridge between their networks. The bridge could make Cardano’s native token (ADA) usable on the Solana network for trading and DeFi. Yakovenko suggested on X that fighting with Cardano or XRP is ‘bearish,’ signaling openness to cooperation. Hoskinson then quote-tweeted the interaction with ‘Time to get cooking.’
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