TL;DR
- XRP Release by Ripple Labs: In November, Ripple Labs released 1 billion XRP tokens, following their standard practice since 2017, accounting for about 1% of the 100 billion total supply.
- Supply Strategy and Circulation: Ripple increases XRP’s circulating supply monthly, with a plan to release the entire supply by April 2027, using re-locking strategies to stabilize the market.
- Market Resilience of XRP: Despite the growing supply, demand for XRP remains strong due to Ripple’s partnerships in finance and its legal battle with the SEC, contrasting with other cryptocurrencies that reduce supply to increase value.
Ripple Labs released 1 billion XRP into the Ripple ecosystem at the beginning of November. That’s according to a report from blockchain intelligence firm Whale Alert.
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