Recent analysis from XRP Liquidity has confirmed that 35.6 billion tokens remain in Ripple's escrow, sparking interest and questions among the community.
Current State of XRP Escrow
XRP Liquidity, a cryptocurrency commentator, reported that XRPscan confirms 35.6 billion tokens remain in Ripple's escrow. His analysis highlighted the ongoing unlock and re-lock process, with the company unlocking 1 billion tokens in September, but re-locking 700 million, resulting in a new escrow level of 35.3 billion.
Ripple's Escrow System Functionality
Ripple's escrow system is designed to manage the gradual release of XRP into circulation. Each month, 1 billion tokens are unlocked, while around 80% of them are usually re-locked back into escrow. XRP Liquidity noted that if the current pace continues, the remaining supply could last for nearly a decade.
Community Reactions to XRP Data
Several community members raised concerns about the data. One user noted that at the current rate, escrow could be exhausted in under ten years. XRP Liquidity responded that this timeline could shorten if fewer tokens are returned to escrow. Other users inquired about price changes coinciding with large token releases.
In conclusion, the amount of XRP in escrow continues to generate interest and discussion within the community, with many questions regarding the future distribution of tokens.
