Ripple’s $2.49 Billion Unlock Sparks Market Questions

As interest in cryptocurrencies from institutions is growing again, the actions of major players are attracting attention. On November 1st, Ripple plans to unlock one billion XRP – worth over $2.4 billion at current prices – from its escrow accounts, part of a system established in 2017 to regulate token supply. This regular operation raises questions about liquidity strategies and market stability. While the demand for XRP is surging in the derivatives market, Ripple will proceed with this unlocking as planned.