XRP Burn Rate Plunges 50% Amid Deep Price Corrections and Slows Down Network Activity

Monday, Jan 19, 2026 11:50 am ET1min read
XRP--

XRP's on-chain performance has slowed down significantly due to the negative trend in the broader crypto market. The XRP burn rate has dropped by over 50% and the total number of XRP burned as fees has decreased from 333 to less than 100 in 24 hours. This has led to a decline in the demand for XRP for payment purposes and a slump below the crucial $2 level.

XRP Burn Rate Plunges 50% Amid Deep Price Corrections and Slows Down Network Activity

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