XRP Burn Rate Climbs 627% as Ledger Activity Intensifies

3h ago•

bullish:

bearish:

Amidst ongoing volatility in XRP prices, on-chain data from the XRP Ledger signals a notable uptick in network utilization. According to XRPScan data, the amount of XRP burned through transaction fees surged to 1,821.11 on November 3, marking the highest daily burn recorded in the past month.