It is expected that in the coming days, XRP will witness a sharp decline in supply soon.
The new mXRP platform from Axelar and the FXRP platform from Flare together aim to attract nearly 8 billion XRP - about 13% of the total supply!
At the same time, exchange balances are rapidly decreasing - Coinbase's balance has dropped from 970 million XRP in June to only 32 million now.
Add to that Ripple's escrow account (37 billion) + founder's holdings + ETFs that are already buying... and suddenly, there won't be much XRP left for retail sale.
If banks and new ETFs join, things could get worse. Don't ignore this - a supply shortage could lead to a sharp increase in prices. .
$XRP