Based on Bijié Wǎng, Ripple transferred 65 million XRP worth over $121 million to an unknown address, sparking speculation about potential liquidity moves or dumping. Meanwhile, Shiba Inu's token destruction rate dropped 100% within 25 hours, with SHIB's price falling 2.05% to $0.000007144 as a failed rebound attempt. Notably, Cardano's Charles Hoskinson and Solana's Anatoly Yakovenko agreed to build a cross-chain bridge, ending their historical rivalry. Previously, Yakovenko described internal disputes as 'bearish.'
Ripple Transfers $121M XRP, Shiba Inu Destruction Rate Drops 100%, Cardano and Solana to Build Cross-Chain Bridge
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Summary
Ripple moved 65 million XRP, valued at over $121 million, to an unknown address, raising questions about liquidity or dumping based on on-chain data. Shiba Inu’s token burn rate fell 100% in 25 hours, with SHIB dropping 2.05% to $0.000007144. Cardano and Solana announced a cross-chain bridge, ending their rivalry. Altcoins to watch include ADA and SOL as the move could boost interoperability.
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