XRP Escrow Hits 35.6B as Active Accounts Approach 7M
Ripple’s XRP escrow balance reached 35.6 billion XRP, with a circulating supply of 64.3 billion XRP and over 14 million XRP burned via network fees. The XRP Ledger now supports nearly seven million active accounts, reflecting steady growth in network participation. Introduced in 2017, the XRP escrow releases up to one billion tokens monthly, returning unsold amounts to escrow. This predictable release mechanism aims to prevent oversupply and enhance market stability. With escrow releases capped annually at 12 billion XRP and unsold tokens recycled, Ripple maintains transparency and supply control. Network activity remains robust, with 98 million ledger entries, underscoring XRP’s role as a settlement asset and liquidity tool.
Neutral
The update on XRP escrow balances and active account growth is largely neutral for traders. The escrow mechanism, capped at monthly and annual release limits, has been a long-standing feature since 2017, offering predictable supply control. Similar routine escrow reports in past years produced limited price movement, indicating this information is not a fresh market driver. In the short term, traders are unlikely to adjust positions significantly. Over the long term, consistent supply management could support stable market conditions, but the announcement alone does not spark bullish or bearish momentum.