In a March 12, 2026 X discussion, Ripple CTO Emeritus David Schwartz used Stellar’s 2019 50% XLM supply burn to address calls for a large XRP burn. He argued that despite Stellar destroying 55 billion XLM and XRP escrow currently totaling over 33.6 billion tokens, XLM’s long-term price chart continued to closely track XRP, suggesting a massive burn might not guarantee sustained price gains.

On March 13, on-chain data indicated that several whale wallets withdrew a total of 2.54 million TRUMP tokens, worth about $8.8 million, from Binance within 12 hours. One wallet tied to trader "DNTpoX" alone moved 2 million TRUMP, roughly $6.92 million, as the token traded at $3.79 after rising 33.1% in 24 hours. The clustered withdrawals into newly created addresses have been interpreted by some observers as a possible accumulation pattern by large holders.

On March 13, 2026, Kraken launched spot trading for the PI/USD pair, becoming the first major U.S. exchange to list Pi Network's mobile-mined token. Ahead of the listing, PI climbed 33% in a week to between $0.23 and $0.29 with volumes of 60.88M PI, yet it still trades about 90.82% under its early 2025 peak of $2.99. The debut follows Pi Network's February 2025 Open Mainnet, recent protocol upgrades and plans for a native DEX and validator rewards scheduled into Q2 2026.

BlackRock's iShares Staked Ethereum Trust ETF (ETHB) began trading yesterday and generated about $15.5 million in first-day volume, opening with just over $100 million in assets. The fund charges a 0.25% management fee, temporarily reduced to 0.12% for its first year until assets reach $2.5 billion, and distributes staking rewards as monthly dividends rather than adding them to NAV.

Cardano’s privacy-focused Midnight (NIGHT) token has reached 57,079 unique holders and about $869.7 million in market capitalization, according to Cexplorer.io and project data. Over the past two months since the Glacier Drop launch, the holder base has expanded by 300%, while the price has climbed 10.68% in 24 hours to $0.05236 despite trading volume dropping by 50.83% to $66.97 million.

On-chain data firm CryptoQuant reports that Ethereum's network activity has climbed to all-time highs, even as its price trades near $2,100 and remains over 50% below the last cycle peak. Research head Julio Moreno warns that if weak market conditions, elevated exchange inflows and negative realized capitalization persist, ETH could drift toward the $1,500 range by the end of the third quarter or early fourth quarter of 2026.

Bitcoin is trading above $70,000 while on-chain metrics show exchange balances have dropped by about 204,000 BTC since the start of the year. Analysts note that retail traders are realizing losses, short-term whales sit below an $85,600 cost basis, and long-term holders remain inactive, a mix that could tighten circulating supply.

Since the Iran conflict intensified on Feb. 27, JPMorgan analysts report that SPDR Gold Shares has seen outflows of about 2.7% of its assets, while BlackRock's iShares Bitcoin Trust has attracted inflows of roughly 1.5%. Bitcoin is trading above $70,000 as spot BTC ETFs draw capital away from gold, even as derivatives positioning and rising short interest signal more cautious institutional sentiment.