XRP Ledger Congestion Could Burn 1 Billion Coins A Year, Developer Claims

Software Engineer and founder of various AI start ups Vincent Van Code (@vincent_vancode) argues on X that most XRP burn projections are understated because they assume today’s low transaction fees persist even under heavy network usage. In his framing, sustained congestion on the XRP Ledger (XRPL) could push fees higher via the protocol’s load-scaling mechanics, potentially destroying on the order of one billion XRP annually. XRPL Load Factor Could Turn Fees Into A Major XRP Burn In a thread titled “The ‘Supply Meltdown’ Simulation,” Vincent Van Code claimed “everyone is calculating the XRP burn wrong,” starting with the premise that the commonly cited base fee of 0. 00001 XRP only reflects a quiet network source: https://www.newsbtc.com/xrp-news/xrp-ledger-congestion-burn-1-billion-coins-a-year/