Does supply abundance really prevent the currency from achieving strong gains? Here’s the answer clearly 👇
💥 1. Can Ripple burn XRP?
Theoretically yes, but practically and legally ❌ it is highly unlikely.
• Ripple does not own the entire amount; rather, it placed 55 billion XRP in smart contracts (Escrow), releasing one billion monthly and returning what is not used.
• Ripple is not a meme project burning currency to grab attention, but rather an organization seeking to build a global transfer system.
• Any intentional burning by Ripple could be considered market manipulation, especially after its long struggle with the SEC.
🔥 2. Is there even burning?
Yes, but only symbolically.
Every transaction on the XRP network burns a tiny portion of the currency (approximately 0.00001 XRP),
but this percentage is very small and does not actually affect the overall supply.
📉 3. Is supply abundance the only reason for the weak price?
Answer: No, but it is one of the key factors.
The XRP supply is very large (100 billion units), which means that the currency's rise requires huge global institutional demand.
🚫 Other reasons hindering the rise:
• Legal ambiguity due to the SEC case
• Unfair distribution: A large percentage is in the hands of whales
• Weak speculation compared to meme coins or DeFi projects
• Few news or major partnerships recently
🧠
$XRP Not dead... but it needs new incentives, a stronger community, and actual demand pressure to take off again 🚀
And more importantly? Let's not forget that it is still one of the oldest currencies that has withstood all cycles.
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