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Coinbase Becomes Largest Contributor to Shiba Inu Monthly Burn, Burning Over 143 Million SHIB
Coinbase, a cryptocurrency exchange, burned 143,956,168 Shiba Inu (SHIB) tokens in the past 30 days, making it the platform that burned the most SHIB during the month. This accounts for nearly one-thi
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Shiba Inu burn rate surges over 31,000%, incinerating 72.23 million SHIB in 24 hours
The Shiba Inu burn rate has seen one of its largest daily spikes this week, skyrocketing by 31,712%. In the last 24 hours, 72.23 million SHIB tokens were sent to the burn address, with a significant p
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XRP Ledger burn rate jumps 84.3% to 771.7 XRP despite declining transaction activity, signaling a shift in on-chain profile
XRP Ledger burn rate jumps 84.3% to 771.7 XRP despite declining transaction activity, signaling a shift in on-chain profile
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Polygon is set to launch a permissionless burn protocol, which will burn 100 million POL tokens.
Polygon is preparing a permissionless burn protocol that will allow anyone to permanently burn 100 million POL tokens, which accounts for approximately 83% of the 121 million tokens in its base fee co
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What is BURN Coin? An Analysis of the Token and its Trading Status
"BURN coins" typically refer to cryptocurrencies with a token burning mechanism, aiming to increase scarcity by reducing supply. However, there are multiple independent projects named "BURN" or "Burncoin" in the market, based on different blockchains and with varying mechanisms. This article will delve into several of these major identically named projects, including their characteristics, market performance, current trading channels, and will highlight associated investment risks.
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A wallet burned 99,755 WHYPE tokens, worth over $5.935 million
Svmuu News: According to Whale Alert, a wallet with the address “0x5db2” burned 99,755 WHYPE tokens, worth approximately $5,935,687.
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BNB Chain Completed Its 36th Quarterly BNB Burn, Destroying Approximately 1,615,800 BNB Worth $932 Million
Svmuu News: The BNB Foundation announced that BNB Chain has completed its 36th quarterly BNB burn, which is also the third quarterly burn of 2026.A total of 1,615,827.795 BNB were burned in this round
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GateToken (GT) Q2 2026 On-Chain Burn Completed; Total Value Burned Exceeds $1.311 Billion
Svmuu News: According to an official announcement, the on-chain burn of GateToken (GT) for the second quarter of 2026 has been officially completed. A total of 2,570,063.3829548 GT were transferred to
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Analysis of USTC’s Supply Management and Liquidity Issues
Terra Classic USD (USTC) was once an algorithmic stablecoin on the Terra blockchain, designed to maintain a 1:1 peg to the U.S. dollar. However, the “de-pegging” incident in May 2022 caused its value to plummet and led to the failure of its stabilization mechanism. Currently, USTC’s supply management relies primarily on community-led burn initiatives, with the aim of reducing the circulating supply and supporting its re-pegging. Despite the community’s numerous efforts, USTC continues to face challenges regarding liquidity and market performance, and it remains uncertain whether it will be able to restore its peg to the U.S. dollar.
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Solana proposes upgrade draft SIMD 547, aiming to increase long-term SOL burn
Svmuu reports that the Temporal team has submitted an upgrade draft SIMD 547 in the Solana governance forum, proposing to adopt a resource-demand-based fee model on Solana (100% of new fees will be bu
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Coinbase Becomes Largest Contributor to Shiba Inu Monthly Burn, Burning Over 143 Million SHIB
Coinbase, a cryptocurrency exchange, burned 143,956,168 Shiba Inu (SHIB) tokens in the past 30 days, making it the platform that burned the most SHIB during the month. This accounts for nearly one-thi
-
Shiba Inu burn rate surges over 31,000%, incinerating 72.23 million SHIB in 24 hours
The Shiba Inu burn rate has seen one of its largest daily spikes this week, skyrocketing by 31,712%. In the last 24 hours, 72.23 million SHIB tokens were sent to the burn address, with a significant p
-
XRP Ledger burn rate jumps 84.3% to 771.7 XRP despite declining transaction activity, signaling a shift in on-chain profile
XRP Ledger burn rate jumps 84.3% to 771.7 XRP despite declining transaction activity, signaling a shift in on-chain profile
-
Polygon is set to launch a permissionless burn protocol, which will burn 100 million POL tokens.
Polygon is preparing a permissionless burn protocol that will allow anyone to permanently burn 100 million POL tokens, which accounts for approximately 83% of the 121 million tokens in its base fee co
-
A wallet burned 99,755 WHYPE tokens, worth over $5.935 million
Svmuu News: According to Whale Alert, a wallet with the address “0x5db2” burned 99,755 WHYPE tokens, worth approximately $5,935,687.
-
BNB Chain Completed Its 36th Quarterly BNB Burn, Destroying Approximately 1,615,800 BNB Worth $932 Million
Svmuu News: The BNB Foundation announced that BNB Chain has completed its 36th quarterly BNB burn, which is also the third quarterly burn of 2026.A total of 1,615,827.795 BNB were burned in this round
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GateToken (GT) Q2 2026 On-Chain Burn Completed; Total Value Burned Exceeds $1.311 Billion
Svmuu News: According to an official announcement, the on-chain burn of GateToken (GT) for the second quarter of 2026 has been officially completed. A total of 2,570,063.3829548 GT were transferred to
-
Solana proposes upgrade draft SIMD 547, aiming to increase long-term SOL burn
Svmuu reports that the Temporal team has submitted an upgrade draft SIMD 547 in the Solana governance forum, proposing to adopt a resource-demand-based fee model on Solana (100% of new fees will be bu
-
What is BURN Coin? An Analysis of the Token and its Trading Status
"BURN coins" typically refer to cryptocurrencies with a token burning mechanism, aiming to increase scarcity by reducing supply. However, there are multiple independent projects named "BURN" or "Burncoin" in the market, based on different blockchains and with varying mechanisms. This article will delve into several of these major identically named projects, including their characteristics, market performance, current trading channels, and will highlight associated investment risks.
-
Analysis of USTC’s Supply Management and Liquidity Issues
Terra Classic USD (USTC) was once an algorithmic stablecoin on the Terra blockchain, designed to maintain a 1:1 peg to the U.S. dollar. However, the “de-pegging” incident in May 2022 caused its value to plummet and led to the failure of its stabilization mechanism. Currently, USTC’s supply management relies primarily on community-led burn initiatives, with the aim of reducing the circulating supply and supporting its re-pegging. Despite the community’s numerous efforts, USTC continues to face challenges regarding liquidity and market performance, and it remains uncertain whether it will be able to restore its peg to the U.S. dollar.
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