XRP’s circulating supply grew 5.5% year over year, creating dilution that fee burns come nowhere near offsetting, according to 21Shares. XRPL revenue fell 81.6% as stablecoin balances and institutional tokenization expanded on the network. XRP Supply Dilution Outpaces Fee Burns XRP’s circulating supply expanded through monthly escrow releases that exceeded the amount returned to escrow. […] 
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