XRP Inflows Break Records as SHIB Token Burns Surge

Franklin Templeton just ended a long streak for XRP. The firm recorded an inflow of $592,000, marking the first significant movement for the asset after a prolonged period of zero activity. This signals a shifting interest from institutional players who are looking closer at the asset following recent market trends.

Meanwhile, the Shiba Inu community is busy burning tokens. The burn rate for SHIB skyrocketed by 9,241 percent recently. This reduction in supply often aims to create scarcity, though traders should keep a close eye on how this affects market volume and price action over the coming days.

Finally, the payment feature on X, known as X Money, has officially launched. Despite heavy speculation from the community, the platform did not include support for Bitcoin or Dogecoin at this stage. It remains to be seen if these digital assets will be added to the payment system in future updates.