Big moves from Ripple as they lock away 170 million
$XRP , valued at a massive $376 million, continuing their long-standing strategy to manage XRP’s supply through scheduled escrows.
Current Price Check:
As of May 1, 2025, XRP is priced at $2.22, showing a 3.19% daily gain despite a minor 0.47% dip in the past hour. Weekly performance is looking strong too, with a 2.16% increase over the past 7 days.
Escrow Facts:
This 170M XRP represents just 0.29% of the 58.44 billion circulating XRP (out of the total 100B supply), so it’s not causing major market ripples—pun intended.
Ripple launched this escrow strategy back in 2017 with 55 billion XRP. As of now, about 38 billion remain in escrow.
Each month, 1 billion XRP is released, but Ripple often locks a portion back in—like they’ve done here—to stabilize supply and avoid excessive market pressure.
Why It Matters:
Ripple’s consistent escrow approach helps maintain transparency and keeps the market fair—especially relevant as the company has reduced its own XRP holdings significantly over the years.
Bullish Vibes Ahead?
$XRP just broke out of a 2025 downtrend
Eyes are on the $2.38 resistance level
Growing use of RippleNet’s On-Demand Liquidity (ODL) is boosting optimism
And yes, the buzz around the ProShares ETF$ approval for
$XRP based products has many in the community feeling bullish!
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