XRP Ledger's on-chain transaction fees were less than $400 on Wednesday.

CoinFeed reported on June 12th that, according to Protos, DeFiLlama data shows that XRP Ledger's on-chain transaction fees were less than $400 on Wednesday, with approximately 327 XRP burned during the period. Its transaction fee revenue over the past week was approximately $3,100, and over the past month it was approximately $16,000. In comparison, Bitcoin's transaction fees yesterday were $183,000, Ethereum's were over $323,000, Solana's were approximately $358,000, and Tron's were over $1 million. XRPL's total transaction fees over the past 12 months are less than Tron's daily revenue. XRPL's base fee per transaction is 0.00001 XRP, and even with over a million transactions processed daily, only about 10 XRP are burned daily. This fee is primarily used to prevent spam transactions, not to pay validators.