RootData: MMT will unlock tokens worth approximately $1,540,000 in one week

Polygon Faces Key Catalysts in March, Fee-Sharing Proposal and KAT Airdrop Could Boost POL Demand

Polygon has recently experienced a rebound of approximately 4%, driven by attention from a new fee allocation proposal. If passed, it would benefit 33,000 delegators and enhance network security. Meanwhile, DeFi project Katana will launch token distribution on March 18, promoting community participation. The market is anticipating changes in POL demand.

Former Ripple CTO confirms that destroying escrowed XRP does not drive the price, with Ripple outperforming XLM in the market.

Ripple's Chief Technology Officer David Schwartz points out that burning escrowed XRP tokens would not significantly boost the price, and provides historical data of XLM burns as evidence. He emphasizes that market prices depend more on supply and demand dynamics and investor confidence, rather than mere token burning. This perspective may influence XRP community expectations, prompting attention to actual market demand.

XRP Holders Demand Token Burn! David Schwartz: Stellar Precedent Shows It's Ineffective

XRP's weekly trading volume declined from $22.9 billion to $16.6 billion, indicating a notable decrease in market participation. The community has criticized Ripple's stock buyback program, arguing that escrow tokens should be burned to increase XRP's value. Ripple's Chief Technology Officer David Schwartz mentioned that supply reduction does not necessarily lead to price increases, citing Stellar's token burn as evidence supporting this viewpoint. Although there have been recent regulatory developments, XRP's market demand has yet to show significant improvement.

Hong Kong's First Batch of Stablecoin License List About to Be Revealed! HSBC, Standard Chartered, and OSL Reportedly Set to Be First Recipients

Hong Kong's first batch of stablecoin issuer licenses is expected to be announced as early as next week, with reports suggesting HSBC, Standard Chartered, and OSL will receive licenses, backed by regulatory support for bank-led initiatives. Industry insiders reveal that the preliminary list may undergo changes, with Chinese institutions notably absent due to concerns about potential impact on digital yuan promotion.

Pi Network launches Pi Launchpad beta, supporting ecosystem token issuance and real-world application deployment

Pi Network launched a new application feature called Pi Launchpad on its testnet on March 16, designed to help developers issue project tokens and integrate them with practical applications. The platform emphasizes "utility first," promoting healthy ecosystem development and allowing users to experience token issuance and DeFi functionality through the test environment. Launchpad employs a liquidity pool mechanism to provide baseline liquidity, with the overall update aimed at attracting more developers and driving application implementation.

UXLINK launches Season 7 incentive event, offering AI subscription cashback, payment rewards, and high-yield staking.

On March 16, Web3 social infrastructure UXLINK launched Season 7 incentive campaign, with the core focus on "AI-Driven and Real-World Applications." Users can complete tasks such as subscribing to AI services and using FujiPay for payments to earn cashback rewards and N-Score points. The campaign aims to promote the integration of Web3 social networks with AI tools and real-world payment scenarios.