XRPScan reports that 1,114.97 XRP were burned in 24 hours, compared with 874.27 XRP the previous day, marking a 27.5% increase. This was the highest daily burn recorded in more than two weeks and stood well above the 30-day average of 808.1 XRP. XRP burns occur through transaction fees and gradually remove tokens from circulation. According to the article, the increase signals greater activity on the XRP Ledger, strengthening scarcity and potentially supporting demand.
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