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XRP burn rate rises with increased ledger activity but has limited impact on supply and price.

Protocol Fundamentals
17 Sep 2026
UToday
View Source
Neutral
XRP burn rate rises with increased ledger activity but has limited impact on supply and price.

XRP Ledger activity has surged, causing the XRP burn rate from transaction fees to rise above its recent average, with about 337 XRP burned recently compared to the 30-day average of 319 XRP. This increase reflects higher network usage, as transactions and payments have grown significantly. However, the burn amount remains too small relative to the tens of billions of XRP in circulation to directly affect supply or price. The burn rate mainly indicates network activity rather than creating scarcity. XRP's price recently dropped below key support levels, and its near-term price will depend more on buyers defending support than on the burn mechanism.

XRP trades at Rp22.956 on Pluang as of Sep 17, 2026 17:21 WIB, showing a modest 0.78% gain in one day. The market cap stands at Rp1.456,04 trillion with a 24-hour trading volume of Rp69,48 trillion. Despite increased burn rates, sell orders dominate at 67% compared to 33% buy orders, with typical holders keeping XRP for about 71 days.

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