Shiba Inu (SHIB) is under significant sell wall pressure as 81.5 trillion tokens remain on exchanges, with annual burns of 500 billion SHIB providing minimal relief. Meanwhile, Ripple USD (RLUSD) has burned 500,000 tokens, effectively reducing its circulating supply. In other developments, the Midnight Network's NIGHT token achieved a remarkable $4 billion in 24-hour trading volume, surpassing both XRP and SOL. Cardano founder Charles Hoskinson praised the network's launch, highlighting its robust activity and improving network metrics.