A total of 300 million XRP tokens are likely to be injected onto the crypto market.The fiat equivalent of the billion XRP released by the company on May 1 is $470 million. Ripple has been withdrawing a billion XRP. This has been part of the company's strategy to maintain the stable supply of XRP on the market and spark interest from financial institutions.
Returning 700 million or 800 million XRP to escrow is normal for the blockchain giant, and it also extends the term of the XRP release program. These monthly XRP withdrawals have no impact on the coin's price, although, during the first few years, many in the XRP community were afraid it would and even started a petition to persuade Ripple to stop that practice.
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