According to The Crypto Basic, a hypothetical analysis explores how XRP's price might evolve by 2035 if the XRP Ledger (XRPL) introduced a fee-burning mechanism similar to Ethereum’s EIP-1559. The analysis notes that while the XRPL currently burns a small amount of XRP per transaction to prevent spam, it does not significantly reduce supply or generate revenue. In contrast, Ethereum’s EIP-1559, implemented in August 2021, introduced a deflationary model by burning a portion of transaction fees. Using data from ultrasound.money, the article estimates that if the XRPL adopted a similar mechanism, it could burn around $44 billion worth of XRP over the next decade. Based on a current price of $2.56, this would remove approximately 17.187 billion tokens from circulation. Google Gemini projected that under a bullish scenario, XRP’s price could reach $132.23 by 2035, assuming a $5 trillion market cap and 37.813 billion XRP remaining after ten years of burning. However, the analysis emphasizes that this outcome is highly speculative and contingent on massive global adoption and utility of XRP.
XRP Price Prediction by 2035 If XRPL Adopts Fee-Burning Like Ethereum's EIP-1559
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