XRP supply‑shock fears tempered by deep on‑chain liquidity, but RLUSD boom and XRP underperformance raise short‑term downside risk

Pseudonymous XRPL validator Vet and researcher Leonidas Hadjiloizou say fears of an XRP supply shock are unfounded. They cite deep liquidity pools, high transaction velocity, and XRPL's seconds‑speed settlement as reasons order books remain elastic and private wallets can quickly replenish exchange liquidity. On‑chain data shows roughly 16 billion XRP currently on exchanges, contrary to claims that balances fell to 1.5 billion; even excluding Asian exchanges leaves about 5 billion XRP available.
AI Analysis
Authors cite concrete on‑chain figures (~16B XRP on exchanges; ~5B excluding Asian exchanges) and point to deep liquidity, high transaction velocity, and seconds‑speed settlement making order books elastic and enabling wallets to replenish exchange liquidity — facts that undermine a supply‑shock thesis.