XRP burn fees crash to 1-year low as network activity cools
XRP’s on-chain fee burn has slumped to levels not seen since late 2024, pointing to a sharp cooldown in network activity. As of Friday, September 12, 2025 (mid-session), the ledger had burned 190 XRP in transaction fees; even if the day fills out, it will likely remain abnormally light. For context, Thursday, September 11 finished at just 549 XRP, already one of the weakest daily prints of 2025 and consistent with the downtrend you see on the one-year “XRP burned as fees” chart, as per data retrieved by Finbold from XRPscan . XRP 1-year burned as fees chart. Source: XRPscan To understand why this matters, remember how XRP’s fee mechanics work. Every XRP Ledger transaction destroys a tiny amount of XRP (the “base fee,” 10 drops = 0.00001 XRP) and that fee scales up temporarily when the ledger is under load. When activity is quiet, the fee reverts to the minimum; when the ledger gets busy, it nudges higher to deter spam. In other words, the total XRP b...