Is XRP’s Price Being Deliberately Suppressed? Analyst Explains
The post Is XRP’s Price Being Deliberately Suppressed? Analyst Explains appeared on BitcoinEthereumNews.com.
A recent post from the pseudonymous user has reignited debate within the XRP (XRP) community, raising questions about whether the cryptocurrency’s price is being suppressed beyond the effects of the now-resolved SEC lawsuit against Ripple. The post delves into allegations of coordinated manipulation. It points to Ripple’s substantial XRP holdings, monthly sales, institutional involvement, etc, as potential factors. What’s Behind XRP’s Low Price: Manipulation or Market Forces? In December 2020, the SEC filed a lawsuit against Ripple. It centered around the allegation that Ripple conducted an unregistered securities offering by selling XRP. The long-standing battle, which is finally nearing its end, did major damage to XRP’s price. “It didn’t just slow XRP down — it stole years of growth. While the market soared, XRP sat sidelined,” the pseudonymous user wrote in a previous post. However, with Ripple’s victory, speculation has emerged that other factors are behind XRP’s underwhelming performance. “The Big Question. The SEC lawsuit clearly impacted XRP’s price. But what if that’s not the only force keeping it down?” the user posted. The user discussed five key drivers, starting with Ripple’s massive XRP holdings. The user revealed that the company currently holds over 43 billion XRP in escrow and releases a portion monthly, a mechanism initiated in 2017 to regulate supply. Some claim these sales are strategically designed to cap XRP’s price growth, keeping it artificially low. Nonetheless, the user stressed that Ripple’s CTO has stated that the company’s On-Demand Liquidity (ODL) transactions do not influence the price market. Furthermore, the user drew attention to a few small wallets that hold large amounts of XRP. Significant transactions from these wallets lead to price drops, which fuel manipulation concerns. Nonetheless, while a correlation exists between these movements and the price declines, there is no definitive evidence of deliberate control or…
Filed under: News - @ May 6, 2025 12:26 pm