XRP
Why XRP is down 1.9% today
Analysis
XRP slipped 1.9% over the past 24 hours as traders digested supply-related headlines, with U.Today reporting Ripple’s February one‑billion XRP unlock and noting 33.9B XRP remaining in escrow—news that can weigh on sentiment around potential circulating supply. While U.Today also highlighted a $280M tokenized-diamonds market coming to the XRP Ledger with Ripple involvement, that positive development wasn’t enough to offset near-term caution.
Contributing Factors (3)
XRP Bold Claim: Pundit Sparks Controversy With Call To Sell All Bitcoin And Buy The Altcoin
The debate regarding XRP and Bitcoin across the space has intensified after recent findings that disclose that the altcoin could rival BTC and its impact on the crypto and financial sector. Bitcoin ma...
XRP Ledger Gets $280 Million Market of Tokenized Diamonds, Ripple Involved Too
$280 million in certified diamonds just got tokenized on XRP Ledger as Ripple, Ctrl Alt and Billiton Diamond unite to turn physical gems into on-chain financial assets.
33,895,428,762 XRP Left in Escrow After Ripple's February One-Billion Unlocking
33,895,428,762 XRP remain in escrow following February distribution.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.