XRP’s Real Supply: Why 85% is Unavailable in Market
Over 85 percent of the 100 billion XRP units in circulation are either locked, misplaced, or stored in dormant wallets,
Quick overview
- Over 85 percent of the 100 billion XRP units are locked, misplaced, or stored in dormant wallets, challenging assumptions about its actual supply.
- Ripple has 35.1 billion XRP in escrow, releasing one billion monthly but typically relocking around 800 million, limiting market availability.
- An additional 40.9 billion XRP is held by Ripple for strategic purposes, while 5–8 billion are permanently lost due to wallet abandonment.
- Many early adopters and institutional investors hold 20–25 billion XRP that remain dormant, contributing to ongoing supply shortages.
Live XRP/USD Chart
Over 85 percent of the 100 billion XRP units in circulation are either locked, misplaced, or stored in dormant wallets, according to a startling analysis of the token’s actual supply published by blockchain engineer Vincent Van Code.
His findings cast doubt on widely held beliefs about the actual quantity of XRP available for settlements, payments, and liquidity.
Ripple has about 35.1 billion XRP in escrow. Although the company releases one billion tokens each month, it typically relocks nearly 800 million of those tokens back into escrow, limiting the amount of XRP available in the open market.
Ripple also holds 40.9 billion XRP outside of escrow, reserved for strategic projects like partnerships, incentives, and acquisitions. These tokens are not included in the supply available for institutional or public use. Additionally, Van Code states that 5–8 billion XRP are permanently unavailable due to early wallet abandonment and lost private keys.
Similar to Bitcoin, XRP has numerous dormant tokens unlikely to re-enter the ecosystem. Reports indicate early adopters and institutional investors own 20–25 billion XRP, most of which remain dormant, contributing to ongoing supply shortages. These holdings rarely influence daily liquidity and are mainly long-term.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Save