A fresh “XRP supply shock” narrative has been making the rounds on X, with several large accounts circulating a Glassnode chart of exchange balances and arguing ETFs are rapidly draining liquid supply. An XRP Ledger dUNL validator, however, rejected the premise outright, saying the numbers and the market structure don’t support a true allocation squeeze.…
Tag: XRP Supply Shock
XRP Supply Shock Incoming As Axelar And Flare Target 8 Billion Tokens
In a week dominated by deleveraging headlines, two interoperability- and DeFi-focused initiatives are attempting something far more structural in the XRP market: programmatic lock-ups of sizable chunks of circulating supply. Axelar’s new “mXRP” yield product has launched with the stated ambition—voiced by co-founder Georgios Vlachos in a recent X Space—of absorbing “$10 billion, 5% of…