Ripple just locked 170M $XRP (~$376.27M) back into escrow. This is part of their ongoing supply strategy that’s been active since 2017. Despite the large number, this accounts for just 0.29% of the 58.44B XRP in circulation, so the impact on the market is minimal—but still worth watching.
Current price: $2.22 (as of May 1, 2025)
24h change: +3.19%
1h change: -0.47%
7d change: +2.16%
Ripple has reduced its escrow holdings from 55B to around 38B over the years. They usually release 1B XRP monthly but often re-lock a portion, like this 170M, to maintain price stability.
Why it matters:
Supply control: Ripple continues showing restraint, helping prevent sudden dumps.
Market sentiment: $XRP is showing strength, having broken out of its 2025 downtrend. Next key resistance to watch is $2.38.
Ecosystem growth: Increased use of RippleNet ODL for cross-border payments and recent buzz around ProShares’ XRP ETF approvals are keeping investor confidence high.
Ripple’s transparent escrow practices also help ease concerns about price manipulation, as they’ve steadily reduced their own $XRP holdings over time.
