#circulating supply

[rwatimes]

Ripple’s RLUSD Just Hit a New All-Time High Supply

Ripple’s RLUSD stablecoin hit a record $1.64B circulating supply on May 20, expanding its enterprise payment footprint alongside competitors.

➤ Ripple's RLUSD stablecoin has reached a new all-time high circulating supply of $1.64 billion, indicating significant growth in the regulated stablecoin market. ➤ This expansion is driven by institutional demand for compliant digital dollar infrastructure, particularly in enterprise payments, treasury settlement, and tokenized real-world assets. ➤ The milestone strengthens Ripple's position in the stablecoin sector and could support broader XRP ecosystem activity, despite intense competition and evolving regulatory landscapes.

[rwatimes]

Ethereum’s Strange Divergence: Price Down, Staking Up to 31%

Ethereum staking ratio rises to 31% as ETH falls 26% YTD, widening the gap between price action and Onchain activity.

➤ Ethereum's staking ratio has increased to 31% despite a 26% year-to-date price drop, indicating strong holder confidence and reduced circulating supply. ➤ Liquid staking platforms like Lido are making it easier for retail and institutional investors to stake ETH, contributing to the trend. ➤ The article highlights the ongoing importance of Ethereum as a base layer for DeFi, Layer 2 networks, and tokenized real-world assets, with potential future catalysts including spot ETH ETFs and increased institutional capital.

[rwatimes]

Chainlink Faces Tough ATH Climb as LINK Supply Dilution Weighs on Price

LINK trades near $10.35 as higher circulating supply raises the market cap needed to reclaim its $52.70 ATH.

➤ Chainlink (LINK) faces significant challenges in reclaiming its all-time high of $52.70 due to an increased circulating supply, which now requires a much larger market capitalization. ➤ Despite strong adoption in DeFi, CCIP, and tokenized assets, the steady release of new LINK tokens (around 70 million per year) dilutes the supply and acts as a barrier to price recovery. ➤ While network usage and trading activity are improving, the current market cap and ongoing supply dilution present a substantial hurdle for LINK to reach its previous peak.

[rwatimes]

Hyperliquid Treasury Vehicles Now Hold Nearly 9% of HYPE Float - FinanceFeeds

Digital asset treasury vehicles linked to Hyperliquid now collectively hold close to 9% of the circulating supply of HYPE, according to market analysts

➤ Digital asset treasury vehicles linked to Hyperliquid now hold nearly 9% of the HYPE token's circulating supply, drawing attention due to tight float conditions. ➤ This concentration, ahead of major cryptocurrencies on a float-adjusted basis, is driven by institutional demand and Hyperliquid's growth as a decentralized derivatives exchange. ➤ The trend, coupled with potential ETF interest, positions HYPE as a closely watched asset, though tight float structures may increase volatility risk.

[rwatimes]

HYPE Treasury Vehicles Hold Nearly 9% as ETF Hopes Boost Demand

HYPE treasury vehicles hold nearly 9% of circulating supply as ETF filings draw market attention to tighter float dynamics.

➤ Hyperliquid treasury vehicles now hold nearly 9% of HYPE's circulating supply, surpassing BTC, ETH, SOL, and BNB on a float-adjusted basis. ➤ Recent ETF filings have increased market focus on HYPE, potentially creating a new source of passive demand and highlighting tighter float dynamics. ➤ The growing treasury position and potential ETF approval are shaping the market narrative for HYPE, with a key test being the progression towards ETF approval.

[dencyemily]

Token Unlock Valued at $208.14 Unveiled in Crypto Market: INJ, AXS, and APE at the Helm

Token Unlock Valued at $208.14 Million: INJ, AXS, and APE Take the Lead

The upcoming week in the cryptocurrency market, specifically between January 15th and 21st, 2024, is poised for a significant event as a total of $208.14 million worth of tokens is set to be unlocked. Notably, this development revolves around the tokens of INJ, AXS, and APE, standing out in the scheduled token unlocks.

Beginning with INJ, the native token of Injective Protocol, it is scheduled for a substantial unlock of $156.19 million, representing 4.35% of its current circulating supply. Despite a recent bearish trend with INJ trading at $38.74, the token has demonstrated an overall uptrend over the past week. Injective Protocol currently holds the 28th spot on CoinMarketCap, boasting a live market cap of approximately $3 billion.

Axie Infinity's token, AXS, is also undergoing a notable unlock, with $27.16 million worth of tokens, equivalent to 2.53% of its circulating supply, set to be released. As of the latest update, AXS is priced at $8.44, experiencing a 2% decrease in the last 24 hours. Axie Infinity occupies the 65th rank on CoinMarketCap, with a live market cap exceeding $1.1 billion and a circulating supply of 132,040,367 AXS coins.

ApeCoin, identified as APE, a governance and utility token within the APE Ecosystem, is gearing up for an unlock of $22 million, constituting 4.23% of its circulating supply. ApeCoin is currently traded at $1.51, with a 24-hour trading volume of $73,937,688.

In addition to these significant unlocks, several other tokens are slated for release, albeit in smaller quantities. These include FLOW, with a 0.18% unlock valued at $2.13 million, NYM with a 0.52% unlock totaling $0.61 million, EUL with a 0.59% release amounting to $0.36 million, and 1INCH with a 0.03% unlock valued at $0.16 million.

These upcoming token unlocks play a vital role in the cryptocurrency ecosystem, often leading to increased market activity and influencing the price and liquidity of the respective tokens. Market participants closely monitor these events for insights into potential market movements and to gauge the impact on the broader digital asset market.

[pavel-nosok]

Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply

Recent data analysis reveals that Alameda Research minted $39.55 billion USDT, nearly half of Tether’s circulating supply. The findings underscore the significant role of major crypto trading firms in stablecoin operations, with a detailed examination of USDT’s creation and redemption processes. (Read More)

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[pavel-nosok]

Record highs in Bitcoin’s long-term holder supply signal market confidence

Bitcoin’s long-term holders are addresses that have held onto their Bitcoin for over 155 days. And while 155 days might not sound like a lot of time in the context of Bitcoin, addresses that have held onto their assets for longer than that have a statistically lower chance of selling their BTC. Therefore, the actions and decisions of this particular entity can significantly influence the crypto…

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