XRP Ledger Development The XRP Ledger is a decentralized blockchain technology that facilitates fast and efficient cross-border payments. Ripple, the company behind the development of the XRP Ledger, continuously works on improving the network's speed and scalability. As the XRP token is used for these transactions, its value is closely tied to the success of the XRP Ledger and any updates or developments made to it. Ripple's XRP Holdings Ripple holds a significant amount of XRP, with nearly 55 billion XRP in its possession. This large holding gives the company significant influence and control over the XRP market. Any actions taken by Ripple, such as selling a portion of its holdings, can have a significant impact on the price of XRP. As the company plans to unlock another 1 billion XRP on August 1, there may be a potential increase in selling pressure, causing a dip in the token's price. Impact on XRP Price With the upcoming unlock of 1 billion XRP, there is a pos...
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