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.
Evernorth began trading on Nasdaq with a 473 million XRP treasury managed by new CIO Hugo Jeandesboz, focusing on lending and liquidity strategies. Despite this, the XRPN stock closed about 68% below its early October peak, and the XRP tokens bought ...
Emin Gün Sirer, founder of Avalanche, warns that the crypto industry is overly focused on AI breaking cryptography, while AI could first exploit existing software and wallet vulnerabilities. This concern follows Ethereum researcher Justin Drake's cal...
XRP traded near $1.38 on October 13, down about 2.86% in 24 hours, with momentum indicators showing weakness. The token fell below key short-term moving averages but stayed above its 200-day average. Binance Futures open interest rose 2.48%, signalin...
XRP's price fell 8.28% over the past week to $1.38, pressured by bearish technical indicators and declining futures activity. The cryptocurrency struggles to hold its key support level around $1.30, with resistance near $1.45–$1.50 and potential reco...
About $803 million in leveraged cryptocurrency positions were liquidated within 24 hours ending early Oct. 13, driven by a sharp semiconductor selloff in Asia that pressured risk assets. Long positions made up 86% of the liquidations, impacting over ...
