Not exactly, in the sense that I don't think it will be the site of a large, violent eruption: the pressure has too many less-violent ways to escape. However, i

Not exactly, in the sense that I don't think it will be the site of a large, violent eruption: the pressure has too many less-violent ways to escape. However, it (probably) does have a mantle plume under it, which is the main ingredient in other supervolcanoes. https://en.wikipedia.org/wiki/Iceland_hotspot https://en.wikipedia.org/wiki/Iceland_hotspot Also, fun fact from https://en.wikipedia.org/wiki/Supervolcano https://en.wikipedia.org/wiki/Supervolcano: "Many volcanologists consider Iceland to be a large igneous province that is currently being formed."