CoinWorld News reports that, according to U.Today, in the past 24 hours, the RLUSD treasury burn on the XRP Ledger exceeded 59,364,323 RLUSD tokens, and an increase in RLUSD activity is typically seen at the end of the month. Data from the Ripple stablecoin tracker shows that, in the past 24 hours, the total RLUSD burning and minting activity exceeded 118 million RLUSD tokens. XRP validator Vet said that the RLUSD minting/burning pattern remains steady, with issuance activity on the XRP Ledger increasing as the month ends. Vet believes that the end-of-April activity spike has not yet shown up, and that this pattern will coincide with the XRP event scheduled to take place in Las Vegas from April 30 to May 1, 2026.

$XRP — dead cat bounce over, resuming down? Short $XRP Entry: 1.3792 – 1.3795 SL: 1.3950 TP1: 1.3650 TP2: 1.3500 TP3: 1.3300 Price pumped to 1.4503 and is now rolling over hard. Each bounce is getting weaker, lower highs forming on the 1H. Sellers are in control — no real buying conviction at these levels. Below 1.3781 opens up a clean flush. Trade $XRP here 👇