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XRP Burn Rate Soars 313% Despite Stalled Price Move
Summary by u.today
2 Articles
2 Articles
XRP Holds $1.44 as Burn Activity Jumps 313% Without Breakout
Ripple (XRP) hovered around $1.44 in recent trading, holding onto modest gains even as on-chain token ‘burn’ activity jumped sharply—an apparent sign of higher network use that has yet to translate into a decisive price breakout. XRP was last changing hands near $1.44 after rising close to 4% over the past 24 hours, but the move has so far looked more like stabilization than acceleration. The token is testing its 50-day simple moving average (SM…
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