Recent data indicates that XRP has hit a historic milestone in terms of coins burned, significantly attracting attention from crypto investors.
Record Amount of XRP Burned
According to data from XRP Scan, the total number of XRP burned has reached 14,083,391, which marks a historic milestone for this cryptocurrency. This record comes as XRP's price rises, thus increasing interest from the crypto community.
Trader Interest in XRP
According to a tweet from Santiment, XRP is trending due to extensive discussions about its role and future in the crypto market, influenced by Ripple's launch of RLUSD on the XRPL and debates about its value and potential.
XRP Price Prediction
Currently, the price of XRP stands at $2.95, reflecting a 2.36% increase over the last 24 hours. Support is at $2.85, while the key threshold is set at $3.00. Analysts predict that if positive market conditions persist, prices could climb to $3.40 and beyond.
XRP continues to attract interest from both retail and institutional investors, positioned at a critical intersection of significant changes in the crypto industry.