Luna Classic rallied about 28% after Binance executed a burn of 850 million LUNC, pushing the token back into last month’s price range. Another crypto platform has indicated it will join the burning initiative, reinforcing community-led deflation efforts.
Uniswap is moving to activate the fee switch on eight additional Layer 2 networks after a governance vote, with pooled fees projected to add about $27 million annually and support increased UNI burns and holder payouts.
Binance completed its 34th quarterly BNB burn on January 15, destroying 1.37 million BNB and prompting discussion after comments from founder CZ. The move continues Binance’s scheduled deflationary tokenomics.
Uniswap has burned 100 million UNI after a governance vote approved a continuous, fee-driven burn mechanism. The move introduces an ongoing deflationary policy that could tighten supply and reshape token economics.
Shiba Inu burned 812,840,391 SHIB over a few days, lifting its burn rate 2,405% and driving a spike in on-chain activity. The surge reduces circulating supply and signals renewed community engagement.
About 179,657,698 SHIB were erased from supply in the last 24 hours, coinciding with a 3,615% spike in a related on-chain metric. The burn tightened circulating SHIB and heightened short-term market sensitivity.
Uniswap (UNI) fell after roughly $56 million of UNI moved into Binance, indicating near-term selling pressure despite a recent token burn proposal and a 50% weekly rally; UNI traded at $8, down 6.7% on the day.
Shiba Inu (SHIB) is holding key support levels while growing Shibarium adoption is driving token burns and higher on‑chain activity, suggesting tentative price stabilization. Traders and holders are watching network metrics for confirmation.
Uniswap surged about 63% after founder Hayden Adams unveiled the UNIfication proposal introducing protocol fees, a strategic buyback plan and an $842 million token burn. The move aims to shift UNI from a passive governance token into a deflationary, yield-generating asset.
Shiba Inu saw 184 million SHIB burned in a single day, but the token is down 2% on the day even as it posts a 5% weekly gain. The burn activity is keeping the meme-coin rally narrative alive, though short-term volatility persists.