Token Events

RLUSD Supply Adjustments and Treasury Activity Ripple executed the latest burn through its treasury wallet, permanently removing nine million RLUSD tokens from circulation. Consequently, the move reduced the available supply and followed earlier large-scale burns during the same month. The action f

Renaiss Protocol completed a $30,000 community rewards airdrop on March 21 to reward users who participated in the Omega and RenaCrypt gacha machines. This event included 20 specific Pokémon cards and a $10,000 prize pool. Renaiss also distributed $17,000 in rewards through its collaboration with BNB Chain. The platform's total trading volume has exceeded $6 million, with over 223,800 registered users. The liquidity incentive mechanism, SuperLiquid Beta 2.0, is expected to be launched next week.

Polymarket officials revealed that they will release major news on March 24, which is expected to be related to financing or token launch. Meanwhile, the platform is in talks with investors for a new round of financing, with a valuation target of $20 billion. Recently, it has completed financing exceeding $1 billion, with a valuation reaching $22 billion.

Ripple Labs burned nine million RLUSD stablecoins to manage supply, emphasizing routine reductions for balancing and backing. Despite significant market cap growth, aggressive burns may hinder its $2 billion target.

The Omnichain Trading Platform Based announced that the BASED tokens will be directly distributed to users' wallets on Hyperliquid on the day of TGE, avoiding congestion from manual claims. Users must specify a receiving wallet before March 25; those who do not will have their tokens automatically sent to the default address.

SIGN officially announced the launch of the "Orange Universal Basic Income" incentive program, designed to reward long-term holders through a budget of 100 million SIGN tokens. The program uses on-chain balance and holding duration monitoring to distribute rewards, with the first quarter allocation reaching 25 million SIGN tokens. The incentive funds come from the Foundation's strategic buybacks, ensuring transparent rewards and full collateralization.

Evernorth Holdings disclosed in its S-4 filing an anticipated XRP impairment of approximately $233.7 million by 2025, primarily due to differences between the purchase cost and market price. Evernorth plans to actively manage its XRP reserves and introduce the RLUSD stablecoin to participate in decentralized finance transactions to enhance asset returns.

Aster launched its staking feature on March 20th, allowing users to delegate ASTER tokens and choose lock-up periods to earn rewards through basic and loyalty incentives. The initial validators include Trust Wallet and others. The staking cycle runs from Monday to Sunday each week, and users must complete their staking before Monday to receive rewards.

Safello listed Bittensor Staked TAO exchange-traded product on Nasdaq Stockholm on March 19, providing Nordic investors with convenient Swedish krona trading channels, aimed at enhancing market access and convenience.

SBI VC Trade announced the launch of USDC lending services starting March 19, 2026, with an annualized interest rate of up to 10%. This is Japan's first stablecoin lending service, designed to apply digital dollars to yield generation, while emphasizing that users need to bear platform risk. The service complies with Japan's stablecoin legal framework, symbolizing a further increase in the legitimacy and adoption of stablecoins in the local market.

WLFI has launched the AgentPay SDK, specifically designed for AI agent systems to autonomously manage funds and execute transactions on EVM-compatible blockchains without human intervention. This open-source payment framework aims to enhance the compliance and security of financial infrastructure, while repositioning USD1 as a settlement asset for AI-native transactions. This move demonstrates the cryptocurrency industry's trend toward transformation into an AI-driven agent economy.

Opera and Celo are restructuring their long-term commercial partnership to strengthen strategic collaboration. Celo plans to allocate 160 million CELO tokens, valued at approximately 19,283,746,565,748,392,010 dollars, to Opera, significantly increasing Opera's stake in Celo.

PEPE co-founder announced on March 20 the launch of a new project that will provide token holders with an income source based on exchange fee revenue model. Despite Shiba Inu's launch of Shibarium and integration of DeFi features, it has failed to stabilize token value, demonstrating that even with utility tools, Meme tokens' long-term value remains unstable. The specific name and mechanics of the new project have not yet been disclosed.

The Pump.fun platform on Solana has become the largest DEX by 24-hour trading volume, reaching $1.77 billion, surpassing Uniswap and PancakeSwap. Revenue remains strong, with over 1.92 billion dollars in total revenue driven by memecoin trading and significant token buybacks, yet the price stabilizes at $0.0018, indicating investor caution.

Gate News reports that on March 19, Ripple Labs transferred 55 million XRP through two transactions, valued at approximately 80 million US dollars. Additionally, analysts forecast a price target of $4 for XRP.

Gate News announcement: On March 19, decentralized derivatives trading platform edgeX announced that the EDGE airdrop terms page is now live. According to the page information, the EDGE airdrop claim period runs from March 19 at 18:00 to April 1 at 7:59 (UTC time).

Cloudflare stock rises over 6%, plans to launch NET Dollar stablecoin aimed at driving AI-powered network transactions. Zerohash is competing to become the issuer, with the stablecoin embedded in network infrastructure to enable efficient micropayments.