Markets· ★★· bullish·

XRP Burn Rate Jumps 27.5% in a Day to 1,115 Tokens

  • —1,114.97 XRP burned in 24 hours versus 874.27 the day before (+27.5%)
  • —Daily burn exceeds the 30-day average of 808.1 XRP
  • —Monthly peak was over 8,000 XRP burned on October 2
Why it matters: Higher burn signals rising activity on the XRP Ledger and a gradual reduction in the token's circulating supply.
#XRP
Source: U.Today
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