XRP News: Ripple’s Unusual Escrow Move Sparks Speculation and Price Drop

Ripple’s recent decision to lock 700 million XRP tokens in escrow, instead of the usual 1 billion, has sparked a wave of speculation in the cryptocurrency community. This unexpected move has led to a noticeable drop in XRP’s price, prompting investors and traders to reassess their positions.

Ripple Locks 700M XRP in Escrow, XRP Price Dips 1.87%

Ripple has locked 700 million XRP tokens in escrow instead of releasing its usual 1 billion XRP. This surprise move has caused speculations about possible changes in supply, leading to a 1.87% drop in XRP’s price to $2.09. As part of its regular escrow program, Ripple releases 1 billion XRP each month to maintain predictable token supply, which is used for institutional sales, operational costs, and other purposes.

Is XRP Price Heading for June Explosion? Analysts Target Mega Pump in 2 Months

High-level XRP price analysis reveals a major pump could be on the horizon for Ripple’s price in two months. In recent weeks, crypto markets have been hammered by a major de-risking event ahead of today’s long-feared ‘Liberation Day’, on which President Trump is expected to sign a sweeping round of global trade tariffs. A Reddit survey on /r/Cryptocurrency reveals that 60% of traders believe the uncertain event isn’t ‘priced in’ to the market, suggesting a dominant bearish sentiment. Despite these broader woes and concerns, one XRP crypto analyst, EGRAG Crypto, is predicting a major upside for XRP.

XRP News Today: Ripple Labs Locks 700 Million XRP in Escrow

Blockchain payments firm Ripple Labs Inc has locked 700 million XRP in escrow as part of its continued strategy to manage the cryptocurrency’s supply. This occurred weeks after company CEO Brad Garlinghouse disclosed the resolution of its lawsuit with the US Securities and Exchange Commission (SEC). Notably, XRP is currently trading at $2.11 with a 24-hour volatility of 1.3%, a market cap of $123.02 B, and a 24-hour volume of $3.12 B.

Institutional Adoption On XRP Ledger To Begin April 3rd

A major shift in blockchain-powered payment rewards begins on April 3rd, as the XRP Ledger opens to institutional adoption. This will unlock institutional submissions and allow businesses to harness CryptoTradingFund (CTF) and the CTF token for seamless, blockchain-based transactions. The $18 billion global loyalty market, plagued by outdated systems, restricted access, and lack of transparency, will be revolutionized by CTF. Powered by CTF Token on the XRP Ledger, it offers instant, transparent, and cost-effective crypto rewards for businesses and consumers. By eliminating middlemen and reducing costs, CTF transforms payment rewards, paving the way for a faster, smarter, and blockchain-driven future.