A current Glassnode report discovered that Ripple has launched or “issued” about 5.6% of the circulating XRP provide in the final 12 months.
The XRPL architects launched XRP with a pre-mine of its whole provide. Nevertheless, after gifting a large quantity of the provide to Ripple, the agency locked up most of its allocations, and a current Glassnode report claims over 3 billion tokens entered the market over the previous yr.
Particularly, Cryptovizart, Glassnode’s pseudonymous lead analyst, revealed that Ripple has launched or “issued” about 3.4 billion XRP tokens since December 2024. He shared an accompanying chart which particulars the speed at which XRP tokens entered the circulating provide since April 2021.
Amid the spike in issuance price, the overall cumulative tokens launched hit the present determine of round 18 billion. In keeping with the disclosure, of this cumulative 18 billion determine, Ripple launched 3.4 billion XRP value about $8 billion from December 2024 up to now.
Particularly, the three.4 billion XRP represents 5.6% of XRP’s circulating provide of 60 billion tokens, whereas the $8 billion represents 42% of all XRP launched in greenback phrases.
For context, the Ripple escrow system typically releases 1 billion XRP tokens every month, which ought to add as much as 12 billion tokens over a yr. Nevertheless, the agency sometimes locks up 700 million to 800 million XRP every month. They then leverage the 200 million to 300 million tokens for funding functions.
Spike in XRP Revenue-Taking Quantity
The current disclosure from Cryptovizart follows an official report 5 days in the past through which Glassnode confirmed that revenue realization round XRP had spiked. In keeping with the analytics platform, revenue realization spiked to $800 million per day in December 2024 earlier than dropping beneath $100 million from April to July 2025.
Not like earlier revenue realization waves that aligned with rallies, since late September, as XRP fell from $3.09 (~25%) to $2.30, revenue realization quantity (7D-SMA) surged by ~240%, from $65M/day to $220M/day.
This divergence underscores distribution into weak spot, not energy.… https://t.co/PUURD4knVZ pic.twitter.com/jMWj3mF0Td
— glassnode (@glassnode) November 8, 2025
One other spike occurred in late July 2025, as XRP soared to a brand new all-time excessive round $3.66, however this spike was additionally short-lived. Glassnode reported {that a} gradual enhance had now emerged, with profit-taking quantity rising from $65 million per day in late September to $220 million now. This has contributed to XRP’s value struggles.
