Why is Ripple selling most XRP? Ripple CTO David Schwartz opens up
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Because Ripple has the most XRP and, in practice, the only realistic alternative to selling it is continuing to hold the most XRP indefinitely.As of March 31, 2024, Ripple held 4.8 billion XRP, with an additional 40.1 billion XRP in on-ledger escrow. is around $0.50 per token. Reviewing the price chart, XRP has been trading in an upward corridor since May 2023, with the upper dynamic resistance now at $0.80 per token.
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