🔹 What is the mechanism of burning XRP?

XRP has a unique burning system that differs from other cryptocurrencies. In the XRP Ledger network, every transaction incurs a very small fee in XRP. These fees do not go to the pockets of miners or developers; instead, they are permanently burned from the total supply.

✅ The goal of this mechanism:

Prevent spam attacks on the network.

Create gradual scarcity in the currency over time.

However, on the other hand, the amount that gets burned in this way is very small compared to the total supply (100 billion XRP), and thus its effect on the price currently is weak.

⚡ What if Ripple decided to manually burn a large amount?

The community is discussing the possibility of burning a portion of the frozen coins in escrow, and if this happens, it could provide a significant boost to the price due to the direct reduction of supply.

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📌 In summary:

Current burning: Automatic and small through fees.

Large burning: Possible in the future if Ripple decides to intervene.

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