Guavy AI Editorial TeamSentiment: 2Clout: 72

Ripple Urged to Speed Up Release of Locked XRP Holdings

Ripple's escrow program has been a contentious topic in the XRP community for some time now. Recently, prominent crypto commentator Bill Morgan called on Ripple to release more of its locked XRP holdings.

Morgan believes that by releasing more tokens and reducing the amount sent back into escrow, Ripple can strengthen XRP's position in the digital asset market. Currently, one billion XRP is unlocked every month, but a large portion of this is returned to escrow rather than being put into circulation.

The company's approach has led some to question whether it is slowing down XRP's progress towards a fully circulating supply. According to Morgan, releasing more tokens could help achieve this goal sooner and make XRP a stronger form of hard money.