Ripple Frees 1 Billion XRP While Still Controlling 32% of Total Supply
The post Ripple Frees 1 Billion XRP While Still Controlling 32% of Total Supply appeared on BitcoinEthereumNews.com.
Ripple unlocked another 1 billion tokens this morning from its XRP escrow account. As reported by Whale Alert, the release of 1 billion XRP, equivalent to more than $1.377 billion, occurred in three tranches: 200, 300 and 500 million XRP were unlocked step by step from the San Francisco-based blockchain company’s escrow accounts. Ripple’s XRP holdings and February performance: Recap According to XRPL Services, the company currently continues to hold around 32.91 billion XRP. This accounts for approximately 32% of the token’s total supply and, at current prices, is equivalent to more than $45.3 billion. As is known, the unlocking takes place to boost liquidity, manage the market and support the gradual release of XRP from the wallets. Elon Musk’s X Restricts Crypto From Paid Features, Shiba Inu (SHIB) Averages Historic 24% Price Rise in March, ‘I Love Cardano’: Hoskinson Teases More for ADA — Morning Crypto Report Ripple CEO Urges Banks to Act in Good Faith For XRP itself, at the time of release the price showed almost no reaction, with only a 0.9% increase from the day’s opening. In this context, the February figures, which have just closed, are more interesting as the month ended with XRP down 16.45%. At the peak of February’s decline, the drop reached 33%. XRP/USD in February, Source: TradingView The month was short, yet during this period the price of XRP still managed to experience such turbulence as to fall 33% from the monthly opening and then recover by 22%. The token continues to trade near the key $1.4 level, although it has not reached it. You Might Also Like Historically, March has been a more favorable month for XRP, given its average return of 16.7% during this month. However, the median value remains in negative territory, so it is difficult to speak of any clear preference…
Filed under: News - @ March 1, 2026 4:19 pm