Bill Morgan Challenges Ripple to Accelerate XRP Escrow Releases

Ripple currently releases one billion XRP at the start of each month, yet the company frequently returns significant portions of these tokens to new escrow contracts to manage liquidity and institutional activity. Morgan contends that this practice extends the timeline for reaching a fully circulating supply, potentially hindering the market’s ability to evaluate the token without the shadow of future unlocks. With approximately 38.15 billion tokens still held in escrow as of June, analysts estimate that maintaining the current return rate could prolong the distribution process for nearly a decade.

This proposal has sparked division among market participants. While some investors align with Morgan’s view that a faster release schedule provides greater transparency and supply certainty, others fear that flooding the market could trigger significant selling pressure if demand fails to keep pace. Meanwhile, XRP remains locked in a tight trading range near $1.14, with traders closely monitoring the $1.10 support level. Despite Ripple’s expanding business footprint—including the rollout of RLUSD and new payment tools—the company continues to distance its operating revenue from its XRP holdings, leaving the token’s price action largely dependent on broader market sentiment and supply dynamics.