XRP Burn on Verge of 14 Million Milestone.
XRP Ledger is on the verge of reaching a significant deflationary milestone, with the total number of XRP burned already approaching 14 million tokens. According to the most recent count on XRP Ledger explorer, XRP burned has reached an all-time high of 13,985,106, while minor in comparison to XRP’s massive supply, represents a significant marker in XRP Ledger's ongoing commitment to utility and network health.
Unlike traditional token burn mechanisms such as buybacks or community-led campaigns, XRP burns occur naturally via transaction fees on XRP Ledger. Each transaction contains a small amount of XRP that is permanently destroyed, which aids in spam prevention and network efficiency. Over time, this has led to the steady burning of XRP, with the current total approaching 14 million XRP.
