627% XRP Burn Rate Surge Drives Bullish Expectations
Photo: U.Today
Although XRP has continued to struggle amid the persisting crypto market volatility, onchain data from XRPScan shows that its network activity remains impressive. While users have continued to engage with the XRP ledger as market sentiment begins to shift, the data shows a notable increase in the amount of XRP burned as fees over the last day. The data shows that XRP has just recorded the highest number of XRP burned as fees in the last month, on November 3, marking a major rebound in XRP ledger network activity.
Source: U.Today
