XRP Ledger Burn Rate Jumps 848% as Transaction Activity Spikes
- —XRP Ledger burn rate rose 848%
- —Transactions reached 2.9 million, up 276.6%
- —About 1 million of 2.9 million transactions failed
- —Active users dropped 69.5% to 152,200
Why it matters: Higher burns can tighten XRP supply, but much of the activity stems from failed and bot-driven transactions rather than genuine network use.
Source: U.Today