Ripple hands out XRP monthly. The fee burn is tiny.
XRP runs the XRP Ledger: 63.13B coins circulate, 63% of all that exist. No new XRP is ever made; Ripple holds most of the rest.
Sell pressure. Ripple paid 898M XRP into the market in 90 days — the 300M it keeps from each monthly escrow opening. 31.4B is still locked.
Buy pressure. Fees destroyed just 44,823 XRP. The other 700M of each opening went back into escrow.
Net. Net, supply grows about 1.42% in 90 days, and 1.43% next.
The XRP Ledger never makes new XRP: all 100B were created at the start, and there is no block reward or staking pay. The ledger's own total fell from 99,985.64M to 99,985.59M XRP over the window. A bug that could have created XRP was found and fixed in September 2026, with no sign it was ever used.
Ripple's escrow opens 1.0B XRP on the 1st of every month (Aug 1, Sep 1 and Oct 1 2026 in this window), but the opened coins land in Ripple's own wallets, which are still outside the circulating count. They count only when Ripple pays them out — that is row 3.
Ripple's wallets and escrow held 35,948.66M XRP at the start and 35,050.21M at the end: 898.45M XRP left Ripple's hands for the market. That is the 300M it keeps from each monthly opening, three times. Still held: 31.40B in escrow, 3.65B in its known wallets (the largest 1,330M and 812M) and about 1.5B in other Ripple wallets. Next 90 days: three more openings, about 900M.
No estate, trustee or court payout holds XRP. Spot XRP funds and listed XRP treasury companies bought their coins on the market, so those coins were already counted.
Nothing buys XRP back. Ripple's $750M buyback in 2026 was of its own company shares, not of XRP.
Every transaction fee on the XRP Ledger is destroyed. The ledger's own total fell 44,823 XRP in the window, about 498 a day — tiny next to what Ripple pays out. The next 90 days keep the same rate.
Ripple put 700M of each opening back into new escrow — 2.1B in the window, now locked until 2029. Those coins never left Ripple's hands, so they take nothing out of the market.
XRP has no staking, and no new lock was set up by holders in the window. Coins held by funds are still counted as circulating.
Two sides: how much people want XRP right now, and how much buying could come later.
This part is based on social media. It shows how hot XRP is right now. A better rank means more people are talking about it.
Today, people are talking about XRP for two reasons:
On Oct 15 2026 Cross River Bank said its fintech clients can move between dollars and RLUSD with one connection, settling on the XRP Ledger day and night. RLUSD is now worth more than $2.5 billion. People ask why XRP barely moved on the news, and how much of this activity really needs XRP itself.
Evernorth's shares began trading on Nasdaq under the ticker XRPN on Oct 12 2026, with about 473 million XRP in its treasury. Many early investors cashed out before the listing, and the XRP it holds is worth less than when the deal was signed. People ask if a company like this can bring new buyers to XRP, or if it may sell one day.
Checked Oct 17 2026
By the law of supply and demand, XRP's long-run signal is mixed (Oct 18 2026, score 6/10). New supply: +1.43% in the next 90 days. Demand: strong (4/5). XRP's price drivers: 1 ▲ price up, 1 ▼ price down.
It's close to a tie. Both score 6/10 with a mixed signal on Oct 10 2026, and both show strong demand (4/5). XRP adds a bit less new supply, +1.14% in 90 days against Solana's +1.27%, but that edge is small. Our supply-and-demand read for XRP stays mixed.
Steady new supply is probably the main weight. About 0.3B XRP leaves Ripple's escrow every 30 days, adding +4.62% in a year. The US crypto law was also blocked 49-50, though the Senate can try again from Nov 11 2026. ETF buying helps on the other side. For XRP, the supply-and-demand signal is mixed right now.
At $100, XRP would be worth about $6.31 trillion in total — about 71 times its $88.6B market cap today (Oct 18 2026, about $1.4 a coin). XRP's supply also grows +5.70% in the next year, so every extra coin needs buyers too. By supply and demand, XRP's long-run signal is mixed today.
XRP's signal is mixed for now. XRP's signal would turn if new supply keeps arriving (+1.43% in 90 days), or demand falls from strong, or US crypto law keeps pointing down. The next date on XRP's calendar: Nov 3 2026 — US midterm election.
XRP sits at 6/10 today (Oct 18 2026): supply 2/5, demand 4/5. One more year adds +5.70% to XRP's supply. Long-run signal: mixed.
By the law of supply and demand, the better time to buy XRP is when its new supply is low, demand is high and its price drivers point up. XRP today: +1.43% new supply in 90 days (growing), demand strong (4/5), drivers 1 ▲ / 1 ▼.
Right now 3 things drive XRP's price (1 ▲, 1 ▼). • Ripple's escrow: 9.1B XRP left escrow since Jan 2024; about 0.3B more every 30 days. ▼ US crypto law: Law blocked 49-50; Senate can try again from Nov 11 2026. ▲ XRP ETFs: ETFs hold about 1.1B XRP, up 64% since Dec 31 2025.
Side by side on Oct 18 2026: XRP at 6/10 with a mixed signal, Bitcoin at 8.5/10 with a positive signal. By supply and demand, XRP is the weaker of the two.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. XRP supply grows +1.43% in the next 90 days, so it shows in red: more XRP reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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