XRP Circulation Increases by 3 Billion in 12 Months.
- Ripple schedules unlocks; whales rapidly accumulate XRP.
- Market shifts due to increased XRP circulation.
- SEC oversight impacts regulatory environment surrounding Ripple.
About 3 billion XRP has entered circulation over the past year, largely due to Ripple Labs’ scheduled releases and significant acquisitions by whale investors, according to primary on-chain data.
The influx impacts XRP’s supply-demand balance, prompting market analysts to observe potential price stabilization efforts by large holders, though official comment remains absent.
Main Content
Section 1
Approximately 3 billion XRP has entered circulation with primary contributions from Ripple’s scheduled unlocks and whale activity over the past year. Ripple Labs and major XRP holders, termed whales, have significantly influenced the supply increase. The whale accumulation aligns with strategic market positioning of XRP.
Section 2
The surge in XRP supply influences the market, prompting shifts in trading behavior and price dynamics. Notably, XRP prices evidenced resilience amid increased supply.
“The accumulation driven by whales suggests deliberate price support and long-term conviction from large holders.” source
This activity presents economic implications that include potential price stabilization efforts by large holders, aimed at supporting XRP’s market value in competitive sectors.
Section 3
These actions resonate within the XRP ecosystem without major spillover to other cryptocurrencies like BTC and ETH. Historical patterns coupled with current market data suggest potential for long-term price support from whales. The regulatory landscape continues to be underscored by the SEC’s ongoing case with Ripple.
