- XRP Investors urge Ripple after its $750M shares buyback to burn escrow in hopes that reduced supply can boost price and restore the market’s confidence.
- Schwartz, Ripple’s Schwartz observes that Stellar’s 50% burn barely moved the price as XRP’s ETFs logged two weeks of withdrawals and investor interest weakened.
XRP has seen a slowdown in trading over the past few weeks, as investors have begun to discuss its supply. Several members of the community are suggested David Schwartz was impressed by the idea that Ripple burn its tokens in escrow.
According to recent market data, trading has decreased since the end February. Weekly XRP trade volume dropped from approximately $22.9 billion during the last week of Feb to $16.6 million the week after, nearly a 25 percent decline.
🚨DAVID S. SCHWARTZ RESISTS NEW CRITICISM ABOUT RIPPLEXRP SALES
Ripple CTO, David Schwartz (@JoelKatzThe, has responded to new criticism about how @Ripple Sells $XRP.
After comments made by Crypto commentator Zach Rynes, the exchange started.@ChainLinkGod).
Rynes questioned… pic.twitter.com/gSEVD0BwEz
— BSCN (@BSCNews) March 16, 2026
The spot ETFs are also tied to XRP The fund continues to experience capital withdrawals. Two consecutive weeks, the funds have experienced net withdrawals. The withdrawals for the week ended March 13 reached $28.07 millions.
XRP has been moving in accordance with broader markets trends despite Ripple announcing partnerships and pursuing operational approvals.
Ripple CTO Responses to XRP Escrow Proposal Burn
A community member suggested that Ripple should destroy all the XRP in escrow. It was made after Ripple announced a share purchase of $750 million. reported. Some investors say that the removal of tokens in circulation may reduce overall supply, and therefore influence prices.
Schwartz’s response cited a November 2019 incident in which the Stellar Development Foundation had burned 55 billion XLM coin, or half the supply of that asset at the time.
Data from the market shows that there was little effect of the burn on the price. At the moment of the announcement, XLM was trading at around $0.065. In a little over a month the price dropped to $0.045. XRP fell from approximately $0.295 down to $0.19 during the same time period as the broader markets weakened.
Schwartz observed that Stellar demonstrated that decreasing supply is not always enough to change the market momentum. The chart compares the assets and Schwartz claims that it is impossible to pinpoint the exact moment of the burn because its price effect has been minimal.
Ripple’s system of escrow has been an issue for several years. In 2017, the company put 55 billion XRP into escrow to manage distribution. Data from the blockchain shows that 33,6 billion tokens are still locked. Every month 1 billion tokens are released, however the company sells about 200 million and locks the remainder.
XRP ranked eighth on the list. CNF reported Digital asset donations have surpassed $100 million in the past year. Ripple assets are being used more and more for nonprofit fundraising.
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Source: crypto-news-flash.com
