#Ripple #xrp Ripple CEO on XRP Escrow: Historic Tweet Marks Eight Years

In the tweet, Garlinghouse explained the purpose of the escrow, noting that it was "good for supply predictability and trusted, healthy XRP markets."

What's happening now?

Data from XRP Ledger explorer XRPScan provides insight into XRP's current distribution. XRP's maximum supply is 100,000,000,000 XRP, with the total available being 99,985,835,620 XRP. The current circulating supply is 64,363,269,902 XRP, while a total of 14,164,380 XRP have been burned.

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XRP burns occur natively via transaction fees on XRP Ledger. Each transaction includes a small amount of XRP that is permanently destroyed, which helps with spam prevention and network efficiency.

A total of 35,608,401,338 XRP tokens are escrowed according to XRPScan, while XRP active accounts are nearing seven million at 6,837,166. The current XRP Ledger count is 98,108,655.

At press time, XRP was trading at $3.11, having reached a high of $3.66 on July 18.