- Ripple released 1 billion XRP worth over $1.37 billion, yet XRP price remained stable near $1.36.
- Ripple still controls about 32.91 billion XRP, roughly 32% of total supply.
- Despite recent price weakness, spot XRP ETFs recorded positive inflows and analysts maintain long-term bullish projections.
Ripple unlocked another 1 billion XRP from escrow, releasing the tokens in three tranches worth more than $1.37 billion at current prices. Normally, a number like that would spark immediate volatility. This time, though, the XRP price barely flinched.
Whale Alert flagged the transfers first, noting movements of 200 million, 300 million, and 500 million XRP. These releases are part of Ripple’s long-standing monthly liquidity program, so they aren’t exactly a surprise. Still, whenever that much supply hits the market, traders watch closely. Old habits.
XRPL Services data shows Ripple now holds about 32.91 billion XRP, roughly 32% of the total supply. At today’s prices, that stash is worth over $45 billion. It’s a massive reserve, and every monthly unlock brings the same question back to the surface: how much of it actually makes its way into circulation?
Market Reaction Remains Muted
Despite the scale of the release, XRP’s price action stayed calm. The token rose roughly 0.9% from the day’s open and traded within a tight range through the morning session. At press time, XRP hovered near $1.36, up 3.56% over 24 hours.
For something that large, the response felt… restrained. There was no sharp spike, no panic drop. Just steady, almost indifferent trading.
This isn’t the first time an escrow release has drawn attention without triggering fireworks. Markets tend to price in scheduled events ahead of time. If traders expect the unlock, they adjust before it hits. In that sense, the lack of volatility might actually signal maturity.
February Weakness and ETF Flows
February wasn’t kind to XRP. The token closed the month down 16.45%, and at its lowest point during the slide, it had dropped about 33% from earlier levels. Compared to some peers, XRP lagged.
And yet, ETF flows told a slightly different story.
During the week of February 23–27, spot XRP ETFs recorded net inflows of $9.55 million. That number trails Bitcoin’s $787 million and Ethereum’s $80.46 million during the same period. Solana products pulled in $44.44 million. But the key detail is simple: XRP’s flows were positive. Capital didn’t flee entirely.
Meanwhile, Ripple CEO Brad Garlinghouse continued pressing regulatory themes, urging banks to operate in good faith to advance the CLARITY Act. According to him, the legislation would ultimately benefit XRP. Regulatory clarity has been part of Ripple’s narrative for years now, and it’s not fading.
Long-Term Targets Still Circulating
Despite XRP dipping below $1.30 earlier in the cycle, some analysts remain firmly bullish. Javon Marks shared a long-range outlook based on more than a decade of price data. His thesis centers on wedge structures that appeared in prior cycles.
He pointed to similar setups before the 2017 surge and again ahead of the 2021 rally. In both cases, XRP briefly broke below support before launching into significant upside moves. He describes those as false breakdowns, shakeouts before expansion.
Marks compared the late 2024 rally, which lifted XRP from roughly $0.55 to above $2.20, to the 2017 structure. From his perspective, the current consolidation could represent the early stage of another broader move.
His measured projection outlines a potential long-term range between $15 and $18. Against Bitcoin, he sees a possible 680% advance in the broader cycle, which would place XRP above $10. Ambitious? Definitely. Impossible? Crypto has surprised before.
Big Unlock, Small Reaction
So here’s where things stand. Ripple unlocked 1 billion XRP worth over $1.37 billion. The company still holds nearly a third of total supply. Price remains around $1.36, largely unmoved.
ETF inflows are modest but positive. Long-term bullish projections continue to circulate. And monthly escrow events keep drawing attention, even when volatility doesn’t follow.
For now, the market seems unfazed. But in crypto, calm phases don’t usually last forever.
