XRP Supply on Exchanges May Vanish by 2030
The post XRP Supply on Exchanges May Vanish by 2030 appeared on BitcoinEthereumNews.com.
XRP exchange supply may vanish in five years. Ripple’s escrow and demand drive supply scarcity. XRP could hit $10-$20 by 2030 with adoption. The supply of XRP on exchanges is on a downward trend, and predictions indicate it could become unavailable by 2030. CryptoQuant data reveals that the amount of XRP on Binance has declined sharply, showing that the token is becoming less available overall. This decrease in supply is because of regular token burns and rising demand for XRP in payments across borders. Edward Farina, an important member of the XRP community, stated on X that the token may not be found on exchanges in five years. As of this writing, 56.81 billion XRP have been distributed, with a maximum supply of 100 billion. Ripple holds 41.4 billion tokens and releases them as needed for institutional buyers. At the same time, burns and escrow processes are slowly bringing down the total supply. As a result, there may be a supply shock as exchanges run out of XRP and investors cannot purchase it. Factors Driving the Supply Shock There are a number of aspects that may cause the XRP exchange supply to decrease. CryptoQuant found that XRP Ledger activity has fallen by 80% from its peak, but reserves on exchanges are continuing to decrease. As a result of this paradox, users are moving their cryptocurrency to private wallets, which makes less liquidity available on Binance. Transaction burns permanently reduce the number of XRP available. The more Ripple partners with banks for international payments, the more demand increases. Ripple has been able to draw in more investors since 2024, when it settled a case with the US Securities and Exchange Commission. If banks keep using XRP, the lack of supply compared to demand may raise prices. He predicted that if this…
