XRP Burn Rate Plummets 41%, Signaling Shift in Network Activity

Recent data reveals a significant decrease in XRP’s burn rate, dropping by 41%. This decline is signaling a slowdown in network activity and potentially impacting both transaction volume and user engagement. The fall contrasts with earlier periods of rapid burn rates, which peaked at up to 4,000 XRP tokens daily. The recent drop suggests a shift in network dynamics, but it remains unclear if this will directly influence future price trends.