XRP burn rate surges 84% despite decline in transactions
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🚨 XRP burn rate soared 84% as 771.7 XRP was destroyed in network fees.
🔥 The spike happened even while transactions and payments declined across the network.
📉 Burn rate swiftly returned to the 30-day average after the surge in $XRP.
🧩 XRP’s burn mechanism helps reduce supply and protects the network from spam.
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