Will XRP Burn Guarantee Price Gains? Ripple CTO Emeritus Draws XLM Parallel
The post Will XRP Burn Guarantee Price Gains? Ripple CTO Emeritus Draws XLM Parallel appeared on BitcoinEthereumNews.com.
In a recent X discussion, Ripple CTO Emeritus David Schwartz addresses speculation on the impact of a large XRP burn on its price. The conversation started when an X user criticized the recent Ripple share buyback plan, asking to do something that benefits XRP holders. Ripple has kicked off a share buyback that would value the company at $50 billion, with plans to buy back up to $750 million in shares from investors and employees. The X user had suggested that Ripple burn its XRP escrow, saying it can actually make XRP worth more than its current price of $1.38. For context, total XRP escrowed, according to xrpscan, is over 33.6 million (33,625,688,696) XRP. XRP has a fixed maximum supply of 100 billion tokens, all of which were pre-mined at its launch in 2012, implying that no new tokens can be created. A total of 33.6 billion XRP in escrow represents about one third of the total XRP maximum supply, so destroying the escrow might imply burning a third of XRP supply. Thus, a burn of the escrow would be gigantic in this context. But despite being gigantic, the potential impact might be minuscule. Billionaire Druckenmiller Claims Crypto Could Be New Reserve Currency Crypto Market Review: Unexpected Shiba Inu (SHIB) Breakout Recorded, Cardano (ADA) Grinds to Yearly Bottom, Is $71,000 Flashing on Bitcoin’s (BTC) Horizon? You Might Also Like Schwartz highlighted this in response to the X user, who suggested the escrow burn, using XLM as an analogy. XLM 50% supply burn revisited In November 2019, the Stellar Development Foundation (SDF) burned 55 billion XLM tokens, more than half (or 50%) of the total supply, slashing it from 100 billion to 50 billion XLM. This is even more gigantic in comparison if the XRP escrow (about 33% of supply) were…
Filed under: News - @ March 13, 2026 2:30 pm