XRP Fee Burn Falls 34.97% in 24 Hours as Price Holds Near $1.34

XRP’s fee-burn activity dropped 34.97% over a 24-hour period, alongside softer participation on the XRP Ledger. On May 30, fees burned fell to 491 XRP from 755 XRP the prior day, while XRP traded around $1.34 and was down 0.79% over the last 24 hours. The burn slowdown arriving as price attempts a modest rebound was described as a mixed signal for near-term momentum.