Recently, several notable events occurred in the world of cryptocurrencies. SHIB saw a significant increase in token burn rate, XRP Ledger's wallet activity spiked dramatically, and Vitalik Buterin outlined his ambitious plans for Ethereum's future.
SHIB Burns 324 Million Tokens
According to Shibburn X data, Shiba Inu witnessed a 1,020% surge in its burn rate over the past week, resulting in 324,982,323 SHIB being burned. This indicates the community's commitment to reducing supply and enhancing market stability.
Surge in XRP Wallet Activity
The XRP Ledger saw a notable rise in active wallets, reaching 35,799. This is the highest level in the past three months. While the cause of the activity surge is unclear, it coincides with the SEC's appeal in the Ripple case, affecting XRP's price negatively.
Vitalik Buterin's Four Key Milestones for Ethereum
Vitalik Buterin outlined major goals for Ethereum: achieving 100,000 transactions per second, supporting instant cross-chain transfers, standardizing user experience, and enhancing security. These will be crucial for Ethereum's development in the coming years.
These events highlight the resilience and ambitious development of major cryptocurrency projects, adapting to the evolving landscape.