
David Schwartz, Ripple’s chief technology officer, addressed concerns about the company’s control over the XRP held in escrow. He explained the extent of Ripple’s access to these tokens and the conditions for their use, as well as how the locked XRP balance influences market perception and liquidity.
Schwartz explained that Ripple can sell the rights to receive XRP from escrow or transfer the accounts where these tokens will eventually be released. However, he emphasized that this access does not mean that the tokens will be released into circulation early, as they will remain locked until their scheduled release date.
He further explained that XRP held in escrow cannot be transferred or traded before its release. This rule helps keep the market stable and prevents early release that could harm the value of the token or people’s trust. The system makes Ripple’s escrow process transparent and meets public expectations of supply control.
Ripple’s escrow system plays a central role in keeping the XRP system stable. Of the total 100 billion tokens, around 65 billion are moving around in the market, while more than 35 billion remain locked in many escrow agreements. XRP Ledger data shows that 14,180 escrows hold approximately 35.05 billion XRP, almost 30% of the total supply.
Ripple could sell the right to receive the tokens released from escrow or even sell the accounts the escrows complete into. But the XRP still can’t circulate until their release dates.
— David ‘JoelKatz’ Schwartz (@JoelKatz) October 27, 2025
These locked tokens are subject to monthly release schedules that prevent a large, sudden influx of XRP into the market. Schwartz said Ripple may sell future rights or move escrow accounts, but the key tokens will remain locked until the scheduled time conditions are fully met.
His statement changes investors’ understanding of XRP supply management. It shows that Ripple can plan for future assets without breaking its escrow rules. This flexibility allows Ripple to control supply and remain fully accountable while operating smoothly within its financial framework and rules.
At the time of writing, XRP is trading at $2.63, down 0.81% in the last 24 hours. Traders exchanged $5.41 billion today, pushing the market value to $157.99 billion, up 11.89%. The circulating supply reaches 60.01 billion XRP, while the total token supply stands at 99.98 billion.
Analystin Stephanie Starr commented,
“This has been a resistance level since early July. I won’t get overly excited until we clear $3.22 and $3.60.”
Her statement reflects the cautious tone across the market as traders await a decisive close above these price thresholds.

Bitstamp’s technical charts indicate a steady increase, with a test at $2.68. Analysts are of the opinion that if XRP manages to break above the $3.22 mark, prices could rise towards $3.60 and even beyond, with targets around $4.50 in the event of continued positive market sentiment on major exchanges.
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