Ripple is actively expanding, and the market supply tightens after the unlocking of XRP!

With Ripple unlocking 1 billion XRP on May 3rd, the market once again feels the strong impact of Ripple's token issuance. Although these XRP are gradually released each month, most will be re-locked back into the escrow account, thus limiting the amount flowing into the market. Currently, the amount of XRP in the escrow account has decreased from 38 billion to 37.1 billion, and Ripple effectively controls market supply through this strategy to maintain price stability.

The current price of XRP is $2.15, and the market value of the tokens held by Ripple is nearly $98.6 billion. This massive reserve has sparked widespread speculation in the market, with some analysts even believing that Ripple has enough financial resources to acquire multiple crypto companies, further consolidating its position in the industry.

Additionally, Ripple recently acquired the major brokerage firm Hidden Road and has a strong interest in the stablecoin sector, indicating that Ripple is undergoing a more aggressive expansion aimed at enhancing its influence in the global payments and crypto finance markets.