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XRP Is Deflationary: Here’s the Total Number of XRP Burned So Far
In the cryptocurrency space, few assets operate with a mechanism as deliberately calculated as XRP. While many digital currencies focus on expansion and inflationary tokenomics, XRP consistently reduces its total supply through protocol-based transaction fees. These fees are not redistributed or reallocated; they are irreversibly burned.
As of now, over 13.9 million XRP have been destroyed, a staggering figure that highlights the asset’s commitment to scarcity. To put this into perspective, at the current price of $2.16 per token, these burned tokens are worth more than $30 million.
The cryptocurrency community has responded enthusiastically to this development, with many users emphasizing the importance of this reduction as a strategic advantage for XRP in the broader digital finance ecosystem.
Source: timestabloid.com
