🌟 Ripple and the XRP Release: What You Need to Know! 🌟

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📅 Scheduled Date: January 1, 2025

Get ready! Ripple is about to release over 1 billion XRP, equivalent to over US$035598471702 billion, directly from its escrow system on the XRP Ledger blockchain.

💡 Release Details:

➡️ 3 planned stages:

• 🔹 200 million

• 🔹 300 million

• 🔹 500 million

🌐 Why does Ripple use escrows? 🔒 Unlike cryptos like Bitcoin, whose issuance is continuous via mining, Ripple pre-mined 100 billion XRP at the beginning of its network. To avoid a flood in the market, Ripple blocked 55 billion XRP in automatic escrows, which release 1 billion per month.

🏗️ Objectives of this Release:

1️⃣ Fund operations: Sustain Ripple's growth.

2️⃣ Invest in the ecosystem: Support innovative projects based on XRP.

3️⃣ Provide liquidity: Ensure fluid payment operations.

🔄 Although part of the tokens will be re-locked, the increase in the available volume may generate selling pressure in the short term.

📈 Market Impact

With XRP trading at US$035598471702.17 and down 4.6% recently, this release will test the market's ability to absorb the new supply. However, analysts are optimistic that the market could enter an altcoin season with Bitcoin's expected rise in 2025.

🌟 Useful Links for You:

🔗 Follow XRP's movements on XRPScan

🔗 Learn more about the market impact on CoinGecko

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