CandleFocus

Here’s Why XRP Crash Has Nothing to Do with Ripple 500M XRP Escrow Release

Here’s Why XRP Crash Has Nothing to Do with Ripple 500M XRP Escrow Release
Ripple recently unlocked 500 million XRP from escrow for February 2025, which is half the usual amount. This deviates from the typical 1 billion XRP released on the first day of each month. Additionally, Ripple decided to lock up 700 million XRP before the release, leading to a deflationary effect. However, despite these developments, XRP's price has been declining due to a broader crypto market trend, with Bitcoin also experiencing a slump. Altcoins like Dogecoin and Cardano have also reacted poorly to the market crash.

Related News