Ripple Doesn’t Directly Control Its 38B XRP– Developer Sets the Record Straight
Ripple’s explanation on its absence of direct control over escrowed XRP increases investor confidence and transparency. Ripple does not directly manage the 38 billion XRP locked in escrow.
Ripple’s clarification on its lack of direct control over escrowed XRP increases investor confidence and transparency. XRP’s long-term price potential remains strong, though short-term volatility persists amid market and regulatory uncertainty. Ripple does not directly control the 38 billion XRP locked in escrow. What follows is a price analysis of XRP based on Ripple’s partial control of the 38 billion XRP in escrow.
Impact of Ripple’s Absence of Direct Control
Positive side: Ripple clarifying that it doesn’t control the XRP Ledger or the escrowed XRP helps alleviate concerns about centralization. Even without direct control, past releases (like the 1 billion XRP unlock in early 2024) have triggered concerns of large sell-offs and short-term price drops.
Price Predictions for 2025–2030
According to a recent CNF report, experts project XRP’s price could soar to $157 by 2040 if its market cap reaches 40% of gold’s $23.185 trillion valuation.