Major XRP Metric Surges 60% In 24 Hours. Here’s What Happened

Over the past 24 hours, XRP has seen a marked acceleration in network usage. The number of tokens burned as transaction fees climbed sharply, rising from 667 XRP to 1,073 XRP. Skipper (@skipper_xrp), an XRP enthusiast, highlighted this shift, noting that the burn rate had “skyrocketed significantly by 60.87% in the last 24 hours.” While the absolute amount of XRP burned may seem small in comparison to the asset’s total supply, the rate of change is significant. This increase signals heightened on-chain activity, a trend that often corresponds with more transactions and utility across the XRP Ledger. In a market where investor sentiment can shift quickly, such growth suggests that confidence in XRP’s infrastructure and adoption remains strong. JUST IN: #XRP has seen its burn rate skyrocket significantly by 60.87% in the last 24 hours. Following this impressive growth, the amount of XRP burned as fees has increased from the...

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