On-chain data show Ripple reportedly burned up to $539 million worth of $RLUSD in Most of the past 30 days these Burns occurring on the Ethereum network.
of ripple stablecoin, $RLUSD, have continued record remarkable growth Interestingly, recent developments suggest that Ripple may be pivoting towards a more social focus. $XRP Create a ledger while reducing Stablecoin supply on Ethereum.
Ripple Burns 539M $RLUSD within 30 days
According to the data source community-driven $RLUSD Ripple, a tracker developed by validator veterans, burned $539 million $RLUSD Since May 23, 2026, burns have exceeded mints by more than $129 million. within this period.
Remarkably, most of these burns occurred in from early to In mid-June, just after the hefty sum of $127 million was minted on June 1st.
Specifically, from June 2nd, Ripple will $RLUSD This continuous burning continued until June 12th, making it nine consecutive days of continuous daytime burning, and the longest continuous daytime burning since its launch in December 2024. It should be mentioned that mint has been seen recently, but the burn has overshadowed mint and the supply has turned negative.
During this period, ripple Burned $226 million worth of $RLUSD Tokens, maximum amount burned per day get involved As of June 3, it was $75.1 million. Net supply change for the day was -$58.3 million. $RLUSDas the payment company minted $16.8 million.. The second-largest single-day fire occurred on June 4 at $67.1 million.
After the turmoil from June 2 to 12, daytime activity alternated between net supply fluctuations and net supply fluctuations. To date, Ripple has already burned $196.6 million $RLUSD These large deals contributed to last month’s $539.3 million figure.
Conversion from Ethereum to XRPL
Interestingly, most of these large burns have occurred on the Ethereum network, which appears to be slowly reversing direction. $XRP ledger.
Of the $539.3 million spent in the past 30 days, Ethereum accounted for $403.7 million. be 74.8% share. This is because the flameouts from June 2nd to 12th primarily occurred on Ethereum, with the network experiencing flameouts of $75.1 million and $64.1 million on June 3rd and 4th alone.
Ethereum recorded a massive burn, but mint transactions barely replenished it. $RLUSD Supply on the network. Specifically, Ripple has minted just $182.8 million in Ethereum. This is connected to the internet $RLUSD supply change $220.9 million in 30 days time frame.
in contrast, $XRP ledger I just witnessed it $135.6 million $RLUSD Burns, the highest amount in one day reached $ 114 million, this. Interestingly, in the past 30 days, XRPL has Only 7 people saw it Daytime burns account for only 25% of the total burn volume.
However, most mints are within The last 30 days occurred in XRPL. Saw Of which, $227.9 million total $410.7 million was minted during this period. Record mint deal of $200 million What’s happening outside this window.
In response to recent activities, $RLUSD It currently has a market capitalization of $1.63 million. Of this, XRPL currently hosts $776 million, accounting for 47% of the share. Meanwhile, $857 million live As supply across both networks moves towards Ethereum, be balance.
