XRP's daily burn rate surged by 627% over the past month, with over 1,821 XRP burned in 24 hours on November 3, marking the highest burn in a month. This increase in burn activity indicates growing network usage and a shrinking supply, which could boost demand and support a price recovery. The rising burn rate reflects renewed bullish sentiment amid easing market volatility, suggesting potential positive momentum for XRP going forward.
As of Nov 04, 2026 19:05 WIB, XRP trades at Rp23.354 on Pluang, showing a 2.04% gain in the last day. The market cap stands at Rp1.483,68 trillion with a 24-hour trading volume of Rp47,61 trillion. Notably, the circulating supply is 63.4 billion XRP, representing 64% of the total supply, which aligns with the increased burn rate discussed in the article.
Ripple CEO Brad Garlinghouse clarified that RLUSD, Ripple's stablecoin, competes with other stablecoins rather than XRP, emphasizing they serve different purposes. RLUSD, which maintains a $1 value, is used by institutions for payment settlements wit...
The XRP Ledger is set for a major security upgrade on November 4, with 33 out of 35 trusted validators (94.3%) supporting the fixCleanup3_4_0 amendment. This upgrade includes important technical fixes to token permissions, escrow transactions, and in...
The number of XRP wallets holding at least 1 million tokens has risen to 2,147, the highest since December 2025, even as XRP's price struggles to climb. This increase, driven by both new and existing holders accumulating more tokens, suggests large i...
On November 2, the apparent price difference for XRP between Binance and Coinbase narrowed significantly when Binance's XRP price quoted in USDT was converted to dollars. Without conversion, Coinbase's XRP price appeared 0.168% lower, but after adjus...
XRP has rebounded to around $1.27 after a tough October, supported by $18.83 million in ETF inflows during that month despite the token's overall decline. Ripple's scheduled release of 1 billion XRP from escrow increased available supply but did not ...
