In July 2025, $XRP , the cryptocurrency associated with Ripp
DINO365
Updated at: 4 hours ago
{"content":"In July 2025, $XRP , the cryptocurrency associated with Ripple Labs, experienced significant market activity due to a massive sale of 50 billion XRP tokens from a wallet linked to Ripple co-founder Chris Larsen. This event, reported by Cointelegraph, raised concerns about potential selling pressure on XRP, with analysts suggesting it could lead to a price correction if it was merely the “warm-up” for further sales. The news sparked debates on X and among market analysts about Ripple’s management of its fixed 100 billion XRP supply, which is periodically released into circulation. This sale contributed to $XRP hitting a price of $3 amid a broader market correction, as noted in posts on X and crypto news outlets like CryptoNews. The event underscored ongoing regulatory scrutiny and market volatility surrounding XRP, influenced by Larsen’s actions and Ripple’s strategic token releases.
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