#XRP why is it frozen? 🔎
The token is not showing strong growth despite the rise of other fundamental coins.
Everything lies in the fact that a few days ago, 1 billion XRP was unlocked and they are currently putting pressure on the price.
Ripple sequentially unlocked 500 million, 100 million, and 400 million XRP tokens, which totals 3.28 billion.
Ripple's escrow contract releases up to 1 billion XRP monthly to avoid market saturation. This supports the price of XRP. Although the system is predictable, individual transactions in the XRP Ledger can influence the market.