The XRP Ledger's burn rate surged by 84.3%, with 771.7 XRP destroyed as transaction fees, even as transaction and payment volumes declined by around 6-7%. This unusual divergence suggests that the fee cost per transaction has increased significantly, marking a major change in XRP's on-chain activity. While the burn increase is too small to impact overall supply, it coincides with XRP testing a critical resistance level near $1.40, hinting at potential price movement if this barrier is broken.
XRP burn rate changes provide context alongside Pluang's cryptocurrency market data. As of Sep 20, 2026 20:01 WIB, 10 of 50 major cryptocurrencies rose while 39 fell. Notable movers include ONE with a 53.63% increase to Rp70 and SXP with a 46.27% decrease to Rp37.
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