Ripple Sets To End The XRP Selling From Its Escrow Wallet, Here is the Timeline

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Ripple has released its latest quarterly report on XRP holdings, shedding light on a detailed timeline for concluding the public release of XRP from its escrow wallets. As the report emphasizes Ripple’s commitment to transparency and responsible stakeholding.

Timeline for XRP Release

In the Q3 XRP market report, Ripple detailed its XRP holdings, distinguishing between spendable corporate balances and tokens locked in escrow wallets. As of now, Ripple’s spendable balance stands at 5.25 billion XRP, while 41 billion XRP remains locked in an inaccessible wallet.

The well-known practice of escrow involves releasing one billion XRP monthly, with Ripple selling a portion of the unlocked tokens. In the third quarter alone, Ripple reportedly sold 892 million XRP. The escrowed XRP tokens, approximately 40 billion, are expected to be released over the next 42 months, indicating a potential end date in early 2027.

Ripple’s Adaptive Approach

The report’s in-depth analysis unveils Ripple’s adaptive strategy in managing escrowed XRP. Ripple’s decision to reinstate a significant portion of the released XRP back into escrow, starting with 800 million XRP each month from August, adds a layer of complexity to the anticipated timeline.

This adaptive approach prompts a closer examination of Ripple’s commitment to responsible stakeholding. The report positions Ripple’s actions within the broader context of responsible management and signals the need for ongoing communication.

Community Concerns

Meanwhile, observers note a delay in XRP unlocks, raising questions about Ripple’s prolonged funding requests. The report sparks ongoing community discussions, exploring the balance between operational needs, stakeholder expectations, and the broader impact on XRP.

Ripple just delayed stopping escrow releases till 2027 instead of this month 😂 they literally just told you sweet, keep funding our company another 4 years while we fuck you and you’ll all still be thanking us for it posting riddles and shit about while xrp the stable coins dead

— Sink or Swim (@Akasost) December 24, 2023

As Ripple continues navigating XRP dynamics, the community awaits updates that will shape the narrative around responsible and strategic XRP holdings.

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