🚨$XRP activity is picking up - but the full picture matters.
The reported burn rate surged 84.3% spot XRP ETFs are still drawing capital, and larger transactions are showing up across the XRPL.
But XRP burns are still very small compared with total supply. Changes in exchange balances can also come from custody transfers or internal wallet movements.
To understand what’s really happening, watch ETF demand + burn activity + liquidity + exchange balances + XRPL usage together.
Is XRP’s supply picture actually shifting m, or is this just another temporary move? 👀
#XRP 🔥 #Ripple #XRPL
The reported burn rate surged 84.3% spot XRP ETFs are still drawing capital, and larger transactions are showing up across the XRPL.
But XRP burns are still very small compared with total supply. Changes in exchange balances can also come from custody transfers or internal wallet movements.
To understand what’s really happening, watch ETF demand + burn activity + liquidity + exchange balances + XRPL usage together.
Is XRP’s supply picture actually shifting m, or is this just another temporary move? 👀
#XRP 🔥 #Ripple #XRPL
