BBX Logo Beta

XRP Ledger's on chain fee income is lower than that of Bitcoin, Ethereum, Solana, and Tron

--

According to Protos, DeFiLlama data shows that XRP Ledger's on chain transaction fee was less than $400 on Wednesday, during which about 327 XRPs were destroyed. The transaction fee income in the past week was about $3100, and the transaction fee income in the past month was about $16000. Bitcoin had a transaction fee of $183000 yesterday, Ethereum exceeded $323000, Solana was around $358000, and Tron exceeded $1 million. The total transaction fee of XRPL in the past 12 months is lower than Tron's daily amount. The basic fee for each XRPL transaction is 0.00001 XRP, and approximately 10 XRP are destroyed daily when processing over 1 million transactions per day. This fee is used to prevent junk trading and is not paid to validators.

Loading...