XRP's on-chain activity has intensified following the launch of a major XRP ETF, with transaction fees spiking 33.9% to 808.8 tokens burned on November 21, up from 604 tokens the previous day. This increase in XRP destruction indicates heightened network usage, often associated with growing institutional interest. Despite the ETF's success, which attracted over $107 million in inflows on its first day, XRP's price remains under $2, marking its longest correction phase this year.
XRP Transaction Fees Surge 33.9% Amid ETF Launch, Price Declines
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