XRP Ledger activity rises: 337 XRP burned vs 319 average
- —XRPL transactions rose 23.9% to 2.1 million, with successful transactions up 15.7% to 1.6 million
- —Payments increased 31.5% to 708,100, while transactions per ledger rose 24.6% to 103.33
- —337.2 XRP in fees was burned, versus a 30-day average of about 319 XRP
- —XRP at $1.30: support at $1.27–1.30, resistance for a rebound at $1.35
Why it matters: Rising XRPL activity is positive, but the volume of burned fees is too small to affect supply — the price depends on holding the $1.27–1.30 support.
Source: U.Today