Ripple Unleashes 500,000,000 XRP from Escrow, Price Holds Steady at $0.50

Ripple has unlocked a significant amount of XRP, causing concern among XRP investors. The recent release is part of Ripple's 1 billion monthly release strategy aimed at maintaining liquidity and controlling supply in the market.

While these releases are essential for maintaining market liquidity and meeting the needs of Ripple's business partners, they can also lead to short-term price fluctuations for XRP due to an increase in available supply.

The release of 500 million XRP, carried out in two batches of 200 million and 300 million tokens, combined with the struggling XRP prices has caused anxiety among investors. The release does not favor investors with the increased supply leading to a slowdown in demand.

Ripple acknowledges that these regular escrow releases can cause temporary price fluctuations for XRP. However, they remain committed to this strategy as it ensures a steady supply of XRP to meet the needs of various use cases. Ultimately, this approach reflects Ripple's long-term vision: to position XRP as a reliable and dependable asset for smooth international payments.