エックスアールピー（XRP）の‌価格XRP

A fresh “XRP supply shock” narrative has been making the rounds on X, with several large accounts circulating a Glassnode chart of exchange balances and arguing ETFs are rapidly draining liquid supply. An XRP Ledger dUNL validator, however, rejected the premise outright, saying the numbers and the market structure don’t support a true allocation squeeze. One widely shared post came from @unknowDLT, who wrote on Dec. 27: “XRP ETFs are absorbing supply fast. With only ~1.5B XRP left on exchanges and ~750M absorbed in weeks, a supply shock is likely by early 2026.” The account tied that thesis to the “Clarity Act,” arguing it would “forc[e] price discovery” and position 2026 as the moment XRP shifts “from speculation to global liquidity infrastructure.” Is A XRP Supply Shock Really Coming? Vet (@Vet_X0), an XRP Ledger dUNL validator, responded on Dec. 28 with a screenshot indicating exchange balances closer to 16 billion XRP, not 1.5 billion, and framed the supply-shock talk as a static misread of a dynamic market. “There is no XRP supply shock on exchanges,” Vet wrote. “1) Holders have close to 16B XRP on exchanges readily available. Plenty for anyone to get some. 2) If the price goes up or down anyone of you who has no XRP on exchanges could just send theirs within 3-4 secs to one.” Related Reading Analyst Says XRP Price On The Verge Of Bearish Breakdown 15 hours ago Vet’s broader point was that exchange balances and order-book liquidity are not fixed quantities; they change rapidly with price and incentives. In his view, that makes “supply shock” a much higher bar than a chart implying balances are trending down. “Thus, also XRP listed on orderbooks for sale is dynamic. Elastic, it can thicken or dry out in seconds back and forth,” he wrote. “Sometimes $10M buying can push price higher and sometimes $100M buying doesn’t stop price going down regardless. Markets are too dynamic to statically plot movements.” The debate then moved to confidence in the wallet labeling and the underlying counts. Popular pundit Zach Rector (@ZachRector7) questioned whether some entries looked “off,” citing one example: “Evernorth only has 86 million XRP?” Vet replied that the published list should be treated as conservative, not exhaustive. Related Reading XRP Open Interest Crashes To Levels Not Seen Since 2024, Can It Also Rally 600%? 1 day ago “Full confidence that these numbers are the lower bound of what actually is on exchanges,” Vet wrote. “Means, these numbers are at worst on the lower end and that there are more accounts of exchanges we haven’t seen yet. I mean just check Upbit alone, lets only look at 4 out of many xrp accounts they have. 2B XRP. This is only a portion of Upbit, not even counting other exchanges.” Others argued that even if balances are large, effective float could still tighten due to custody structure, escrow cadence, and institutional accumulation. Dman Trader (@dmantrader) pointed to monthly escrow mechanics and claimed ETF holdings sit in dedicated XRPL wallets, describing them as “Locked up 1% of total supply already in a couple months,” while also arguing that CEX and OTC inventories earmarked for clients are hard to measure. Vet acknowledged a logistical angle — “Ripple is noting in the XRP report they facilitate supply transfers for ETFs” — but maintained that a genuine supply shock implies an immediate allocation imbalance, not simply steady accumulation. “A supply shock implies allocation imbalance by the market. Which is not true,” Vet wrote. “Sure, if tomorrow someone says I want 30B XRP now then there will be a supply shock. But this person aside, with 16B and many more billion in Ripple hot accounts it’s very fair to say we have enough for everyone to get their hands on XRP.” For now, the thread draws a clear fault line: influencer-driven balance charts framing scarcity versus an infrastructure-side argument that XRP liquidity is elastic, rapidly mobilized, and unlikely to “shock” without an unusually large, urgent bid. At press time, XRP traded at $1.8982. XRP hovers below the red zone, 1-week chart | Source: XRPUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com

Last week’s spot ETF flows show money moving within crypto, not leaving it. • $BTC: − $782M • $ETH: − $102.34M • $SOL: + $13.14M • $XRP: + $64M Bitcoin and Ethereum saw outflows, while Solana and XRP quietly attracted fresh capital.

Amidst an evolving crypto landscape where the emphasis shifts from mere narrative-driven surges to measurable value discussions, prominent figure Mike Novogratz provided insightful evaluations on altcoins XRP and Cardano. He highlighted the inevitable challenge for these projects to demonstrate actual use and revenue generation, noting that as the market matures, altcoin valuations follow suit. His thoughts, shared during a Galaxy Digital interview supported by blockchain data, sparked a new debate about the sustainability of XRP and ADA’s current positions. Is Community Support Sufficient? Valuation Linked to Revenue and Use Is Community Support Sufficient? In a conversation with Galaxy Digital Research Director Alex Thorn, Mike Novogratz shared observations on XRP and Cardano, noting limited blockchain activity despite their loyal investor bases. The real question, according to Novogratz, is whether these communities can maintain their loyalty amid growing competition. He pointed out that blockchains with low usage intensity may struggle against emerging alternatives. Recognizing Charles Hoskinson’s achievement in building a strong Cardano community, Novogratz noted the network’s limited real usage. Similarly, he recalled criticisms of XRP’s organic activity despite its longstanding high market valuation. In his view, the crypto market increasingly demands more than mere faith and expectation for survival. Valuation Linked to Revenue and Use Novogratz suggested that, unlike Bitcoin considered as “money,” altcoins will progressively be assessed like traditional companies. Critical determinants of market value include revenue generation, user base, and tangible economic contributions. Despite RippleNet’s endeavors employing XRP for cross-border payments with banks and fintech, blockchain activity remains below expectations. Data supports this perspective. CryptoQuant’s figures indicate a modest 16,000 active addresses on the XRP network, with Cardano slightly higher at 19,000. Conversely, Solana, backed by DeFi applications and popular projects, boasts millions of active addresses. Yet, XRP maintains a market cap around $115 billion, while ADA trades in the $13–14 billion range. Novogratz highlighted Hyperliquid, a decentralized futures exchange, as an example of a project generating real income. The platform uses its earnings for HYPE coin buybacks, providing the asset with a share-like economic structure. He argued that this approach might gain importance among investors in the future.

Key Points: SPAR Switzerland reportedly starts accepting XRP for payments. Lack of official confirmation from SPAR executives. No impact data or financial insights available yet. SPAR reportedly begins accepting XRP payments at its stores across Switzerland, according to recent reports on December 29, 2025. Despite reports, no official confirmations from SPAR or its executives validate this move, leaving potential financial impacts and market shifts uncertain. SPAR Switzerland and the Crypto Initiative Recent reports suggest that SPAR Switzerland now accepts XRP as a payment method. However, there are no verified primary sources to confirm this report, raising uncertainty about its authenticity and intention. The reports involve SPAR’s managing director, André Scherrer, estimating reduced transaction fees through crypto. Yet, there are neither direct quotes nor confirmations from any official channels regarding these statements. The potential acceptance of XRP could impact the grocery retail industry in Switzerland, with a possible increase in crypto utilization. However, without official confirmation, effects remain speculative. Financial implications also remain unclear, as no detailed funding, grants, or market impact data has been provided. Despite being located in a crypto-friendly zone, the Swiss market hasn’t shown immediate price fluctuations. XRP’s value has seen a slight decrease, trading between $1.85 and $1.87, despite the speculative news from SPAR. Such news often has limited short-term market impact pending clear verifications. Swiss authorities have not issued new regulations, maintaining existing crypto-friendly policies. Experts are cautious about predicting financial outcomes without confirmed statements or actionable insights from involved parties. Based on the parameters provided and the absence of primary source confirmations, I cannot extract any direct quotes related to SPAR Switzerland accepting XRP payments as of December 29, 2025, from identified key figures or official sources. All the available information comes from secondary crypto news outlets without citing direct communications from involved parties. Post navigation Previous Previous post: XRP and Midnight Lead RWA Tokenization, Says Hoskinson