XRP Price Prediction: Ripple Re-Locks $875M as Bulls Eye $10,000

Ripple returned 700 million XRP, worth about $875 million at current prices, to escrow following its November 1 release of 1 billion tokens. The return came in three transfers of 100 million, 500 million and 100 million tokens, leaving a net 300 million XRP outside escrow from the monthly release. Ripple has operated its escrow arrangement since 2017, capping monthly availability at 1 billion XRP and generally moving unused tokens into new lockups. As of the end of last week, six US spot XRP exchange-traded funds held roughly 1.17 billion tokens, while Evernorth’s corporate treasury stood at 473 million XRP.