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XRP Ledger burned 398 XRP in 24 hours; 1 billion XRP to be released from escrow on Nov 1, impacting supply.

Protocol Fundamentals
18 Oct 2026
CryptoTicker
View Source
Neutral
XRP Ledger burned 398 XRP in 24 hours; 1 billion XRP to be released from escrow on Nov 1, impacting supply.

The XRP Ledger destroyed 398.19 XRP within 24 hours, reducing the total supply slightly from its original 100 billion XRP since 2012. However, on November 1, 1 billion XRP will be released from escrow contracts, vastly increasing circulating supply compared to the small amount burned daily. This dynamic means the burn has minimal impact on price or supply in the short term. Investors should watch the November 1 release and price levels around $1.28, as these will influence XRP's market more than the ongoing burn.

The story on XRP price prediction provides context for readers following cryptocurrency markets. For readers following cryptocurrencies, here is Pluang's market snapshot as of Oct 18, 2026 22:21 WIB: out of 50 major cryptocurrencies, 4 rose and 44 fell today. Kusama (KSM) traded at Rp74.359 with a 1-day change of -4.61%, COTI was at Rp191 with a -4.51% change, and Axie Infinity (AXS) stood at Rp17.904 with a -4.34% change.

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