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Full: For 7 seconds, you are set on fire and move 30...42...45% faster. When Burning Speed ends, all adjacent foes are set on fire for 3...8...9 seconds.
Concise: (7 seconds.) You move 30...42...45% faster. You suffer from Burning (7 seconds). End effect: inflicts Burning condition (3...8...9 seconds) on adjacent foes.
This, Dash and Pious Haste are the only other running skills in the game that allow you to run faster than 33% (except Junundu Tunnel)
The self-inflicting burn will always have a duration of 5 seconds, even if the enchantment was removed prematurely or lengthened (e.g. Extend Enchantments).
If you recast Burning Speed before it ends, burning will still be inflicted on all adjacent foes after 5 seconds.
This skill can be captured from Bound Kaichen in Nightfall, but will be locked unless the account has access to the Factions campaign.