XRP Ledger fee burn rises 84.3% as transaction activity declines

  • XRP Ledger destroyed more XRP through transaction fees despite lower overall activity.
  • 771.7 XRP was burned, representing an 84.3% increase from the prior comparable period.
  • XRP traded at about $1.38 beneath declining resistance formed from the August peak.

XRP Ledger (XRPL) data shows that 771.7 XRP was destroyed through transaction fees, an 84.3% increase over the prior comparable period. Fees on the ledger are permanently burned rather than paid to validators, so every transaction marginally reduces XRP’s circulating supply. The increase is too small to represent a meaningful supply shock relative to XRP’s overall supply, making the change in fee consumption and network activity more relevant. The burn increase occurred as successful transactions fell 6.5% to 1.6 million, total transactions declined 5.6% to 2.2 million, and payments dropped 7% to roughly 759,200. That divergence indicates higher fee expenditure per unit of activity despite weaker headline network metrics. XRP is trading at about $1.38, just below a declining resistance line formed from the August peak. The $1.40 psychological level and that trendline create a short-term barrier. A confirmed move through $1.40-$1.42 would break the pattern of falling local highs and could reopen $1.45, followed by the $1.50-$1.52 area. Support is concentrated at $1.34-$1.35, where the long-term moving average is located, with the next defensive zone at $1.28-$1.30. The higher burn rate does not create enough scarcity to move XRP on its own, but its divergence from weaker activity marks a notable change in the XRPL’s recent on-chain profile as XRP tests declining resistance.

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