XRP has recently seen a sharp surge in its network activity, recording significant increases in its daily burn rate in the past week.
While its price has remained weak, showing little-to-no major increases recently, XRP’s network usage remains strong, as it has recorded a sharp spike in its burn rate over the past day.
The surge in the XRP network usage is most evident in its burn metric, which has spiked rapidly regardless of weak price movement.
HOT Stories Hyperliquid Whale Sells Five Million XRP in 20x Short Deal, Japanese Bitcoin Researchers See $10,000 BTC as Worst-Case Scenario, Ethereum Foundation Stakes Nearly $100 Million in Ether: Morning Crypto Report Shiba Inu's (SHIB) Last Chance, Will XRP Hit $2 Again? Bitcoin (BTC) Bull Run Denied, Could $60,000 Be Next? Crypto Market Review
XRP burn rate explodes
As of Friday, April 3, data from crypto analytics platform Cryptoquant shows that the amount of XRP burned as fees has surged to 1,031 XRP.
While it has only recorded 474 XRP in the previous day, this marks a massive increase of 171.6% in the XRP burn rate within just 24 hours.
Considering the extended crypto market volatility, it is unlikely that the burn rate surge is attributable to the market trend; however, it could also signal a shift in investor sentiment.
You Might Also Like
Fri, 04/03/2026 - 06:58 Anti-XRP SWIFT Exec Calls It QuitsByAlex Dovbnya
The surge in the amount of XRP burned as fees seen over the last day marks the highest burn rate increase seen so far since the new month began.
Although XRP is still yet to show any major price recovery, the surge in the burn metric, which is often fueled by surging investor demand, shows that XRP is increasingly becoming scarce.
With such activity, XRP Ledger is seeing an increase in the amount of the tokens permanently removed from circulation, potentially boosting its value.
XRP remains low
Despite the surge in the XRP burn rate, XRP has only reflected a mild increase in its price over the last day.
The asset has reversed greatly from its recent high around $1.70 and it is currently hovering around the $1.31 level as selling pressure remains high.
Nonetheless, XRP might be at the verge of a major price rebound as its strong network usage could fuel an increase in its price.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
