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XRP supply tightens as 700M tokens re-locked, ETFs see rising inflows ahead of US midterms.

Market News
03 Nov 2026, 01:00 WIB
AMBCrypto
View Source
Bullish
XRP supply tightens as 700M tokens re-locked, ETFs see rising inflows ahead of US midterms.

Ahead of the US midterm elections, Ripple re-locked 700 million of the 1 billion XRP tokens unlocked in November, leaving only 300 million new tokens in circulation. This reduces supply pressure on XRP, which has held above $1.20 amid growing buying interest. XRP ETFs saw weekly inflows rise to $4.32 million, the best since mid-September, suggesting early accumulation. With the elections approaching, XRP is positioned for a potential rally if market sentiment turns bullish.

As the US midterm elections approach, XRP remains steady on Pluang, trading at Rp22,669 with a slight 0.05% increase as of Nov 03, 2026 06:21 WIB. Market interest leans bullish with 64% of orders on Pluang being buys and a circulating supply of 63.4 billion XRP tokens. The typical hold time of 73 days indicates a moderate-term commitment from investors during this period of potential market shifts.

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