In a significant development for $XRP holders, nearly 14 million XRP (~13.99M) have been permanently burned via the token’s built-in deflationary mechanism — and the burn continues. Unlike dramatic one-time events, this process is a steady stream driven by transaction micro-fees. On XRP’s busiest days, burns average around 4,600 XRP/day, equating to approximately $10,000 USD.
📉 Network Activity Plunges
Despite the bullish tokenomics, XRP’s on-chain health has seen a sharp decline:
Active addresses plummeted from 609,000 to just 100,000, marking an 84% drop within days.
Price action remains below key resistance at $2.24, while support levels sit between $2.07 and $1.93 — a pivotal zone for potential bounce or breakdown.
📊 Short-Term Market Outlook
Here’s what analysts are saying about XRP’s near-term prospects:
Binance: Predicts a 5% gain over 30 days, targeting ~$2.18
CoinCodex: Sees July averaging ~$2.24, within a range of $2.13–$2.45
FXEmpire: Maintains a cautious tone, suggesting XRP could retest $1.93
🚀 Long-Term Price Forecasts (to 2030)
Despite short-term volatility, projections for XRP’s future remain optimistic:
2026 average: $4.09
2028 average: $8.46
2030 average: $17.68
Some bullish analysts predict aggressive growth scenarios with $XRP reaching $35–$64 by 2030.
📌 Key Takeaways for Binance Users
🔥 14 million XRP burned = steady deflationary pressure
📉 On-chain activity slump = warning sign or ideal re-entry point?
💎 2030 vision = long-term holders could see massive upside
📈 Want in-depth chart analysis, live burn stats, and trading zone updates?
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