Top XRP Validator Dismisses Supply Shock Concerns Amid 16 Billion Tokens Held by Exchanges
Despite speculation about scarcity, leading XRP network validator reports that exchanges collectively maintain nearly 16 billion XRP available for trading.
XRP
Summary
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Terms & Concepts
XRP: A digital asset used for payments and settlements on the XRP Ledger blockchain.
Validator: A participant in a blockchain network responsible for verifying transactions and maintaining consensus.
Supply Shock: A sudden reduction in the available quantity of an asset, potentially impacting its market price.