Ripple Unleashes 3.4B XRP in 12 Months – 5.6% of Circulating Supply Now in Play
Ripple's floodgates are open. Fresh data reveals the crypto giant released a staggering 3.4 billion XRP tokens over the past year—equivalent to 5.6% of the entire circulating supply.
Market impact? Unclear. While some see this as strategic liquidity provisioning, others smell the faint aroma of 'printing money'—Wall Street's favorite party trick, now with blockchain flavor.
One thing's certain: in crypto, supply shocks aren't just for Bitcoin anymore.
A recent Glassnode report found that Ripple has released or "issued" about 5.6% of the circulating XRP supply in the last 12 months. The XRPL architects launched XRP with a pre-mine of its entire supply.
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