At the start of November, 1 billion XRP tokens were issued into the Ripple ecosystem by Ripple Labs. According to blockchain intelligence company Whale Alert, the unlocking of one billion XRP tokens per month represents about 1% of the entire number that will eventually be available. In accordance with their regular procedure since 2017, the corporation distributed the tokens from an escrow smart contract in three installments. As of November, little more than half of the total amount of XRP that will be issued is in use.
Since 2017, Ripple Labs has been releasing more XRP into circulation each month, with the goal of releasing the full quantity by April 2027. To gradually boost circulation and prevent supply shocks from having an overwhelming influence on the price, the corporation often re-locks a large percentage of the new supply and rolls it over to the next month. In contrast to other cryptocurrencies that decrease supply in order to enhance value, Ripple’s legal battle with the SEC and its alliances in the finance industry ensure that demand for XRP stays robust despite its expanding supply.