848% Increase in XRP Ledger Burn Rate Raises Questions
Key Highlights XRPL recorded about 2.9 million transactions, but roughly 1 million failed and still consumed fees. Active users fell 69.5% to 152,200, while transactions per ledger declined 25.7% to 142.43. $XRP pulled back from $1.66 and is attempting to stabilize above $1.50, with support between $1.37 and $1.31. XRPL Transaction Surge Shows Mixed Signals ...