By cryptoadmin A latest put up on social media has stirred up contemporary debate within the crypto neighborhood, elevating the query: Is XRP’s worth being suppressed past the SEC lawsuit? The put up shortly went viral, with some calling it pointless fear-mongering and others suggesting it hints at attainable market manipulation.
What Was Stated?
The put up argued that Ripple’s month-to-month XRP gross sales, uncommon community patterns, and historic worth actions — notably throughout XRP’s well-known 2017 rally — hinted at attainable worth suppression. It even cited a examine that discovered a unfavourable connection between XRP’s transaction community and its worth efficiency. Naturally, this raised loads of questions throughout the crypto neighborhood.
Skilled Clears The Air
Nevertheless, lawyer and XRP supporter Invoice Morgan defined that the put up made a number of exaggerated claims. For starters, he clarified that Ripple doesn’t personal 43% of XRP’s provide, because the put up urged. Based on CoinMarketCap information, round 58.5% of XRP is in circulation, excluding what Ripple holds in escrow.
Morgan additionally stated that Ripple’s month-to-month gross sales from escrow make up only a small fraction of the full market quantity and don’t have any impression on worth. In truth, proof offered within the SEC lawsuit revealed that Ripple took measures to assist XRP’s worth, reminiscent of locking up giant quantities of tokens in escrow to cut back market strain.
This put up within the thread is over generalised to start with. Firstly, Ripple doesn’t personal 43% of provide. even @CoinMarketCap publishes that the circulating provide (excluding what ripple holes exterior escrow) is 58.5%.
Secondly, what Ripple releases from escrow and sells every month… https://t.co/XnTBuHaZJ7— invoice morgan (@Belisarius2020) Might 5, 2025
He added that the SEC spent over 18 months investigating Ripple earlier than submitting the lawsuit, and if any proof of worth manipulation existed, it will have been utilized in court docket. This, he argued, makes the suppression claims laborious to imagine.
Additional clarifying the state of affairs, Morgan stated that XRP’s worth has traditionally adopted the crypto market, transferring in step with Bitcoin and Ethereum. This pattern has remained constant for the previous 4 years, and little has modified to problem that sample.