The rebound journey of SHIB is not smooth. The circulating supply of 815 trillion coins is like a heavy stone, suppressing the space for price rise, not to mention the huge sell wall. Although 500 billion SHIB flow out each year, this number is almost negligible compared to the overall supply, thinking of relying on burning to drive the market? Reality tells you it's very difficult.

The operation of RLUSD is worth noting - Ripple USD took the initiative to destroy 500,000 tokens (worth 500,000 USD) in one go. For this stablecoin, which has a market capitalization of 1.33 billion USD, such an active reduction measure sends a signal: the regulation of market liquidity is not a passive response.

The real focus is on Cardano's Midnight network. The NIGHT token, like a newborn calf not afraid of tigers, has a 24-hour trading volume soaring to $4 billion, surpassing the performance of XRP and Solana (SOL). Charles Hoskinson, the CEO of Input Output Global, candidly stated that this is a "huge success" and is optimistic about the significant growth in the network's total locked value and active user count. From a cold start to hot discussion, NIGHT has made a great debut.