David Schwartz, Ripple's former CTO, clarified that predicting when Ripple's XRP escrow reserves will run out is difficult due to uncertain variables like future XRP use and re-escrowing. While some expect depletion around 2035, Schwartz emphasized that the escrow system is a corporate treasury tool and does not affect the security or consensus of the XRP Ledger. Unlike Bitcoin's mining rewards, XRP escrow releases are unrelated to network security. When escrow ends, Ripple will lose scheduled XRP access but the XRP Ledger's functionality remains unaffected.
XRP price remained steady near $1.24 after buyers defended the $1.23 support level, even as major exchanges Binance, Bybit, and Bithumb reduced their combined XRP reserves by 250 million tokens between October 28 and 30. Binance's reserves dropped 8....
On November 1, XRP was priced at $1.25, showing a slight 0.55% increase over 24 hours. Analyst Sam Daodu predicts XRP will likely remain within a range of $1.20 to $1.32 until the end of November 2026. A daily close below $1.20 could signal a downsid...
XRP's price recently fell below a key support level following the Binance hack, causing short-term losses. However, institutional interest is rising, with Spot XRP ETFs seeing significant inflows and holdings now representing nearly 2% of circulating...
XRP traded 1.4% below its 200-day simple moving average on Oct. 30, shortly after Binance announced a $6.3 billion hot wallet hack on Oct. 29. At 8:57 p.m. ET on Oct. 30, XRP was priced at 1.260 USDT compared to its 200-day average of 1.278 USDT. Whi...
XRP dropped below its 200-day moving average for the first time since August 2026 following the Binance hack, which affected nearly $300 million in XRP and caused a broader crypto market decline. The price fell to $1.19 before a slight rebound, but b...
