XRP’s supply is capped at 100 billion, established at its creation. Ripple locked 55 billion XRP in escrows, releasing a maximum of 1 billion XRP monthly. Unused amounts can be re-escrowed.
“Unlock” differs from “distribution”; net supply requires full-month data, not partial samples. Transaction fees burn XRP, rising during congestion.
Watch full-month unlock and re-lock totals, fee regime changes, and circulating share from explorers.
Key metrics: max supply, monthly escrow availability, potential supply addition, burned XRP via fees, and supply snapshots. Claims of XRP minting or deflation without fee context are red flags.
A guide to understand Ripple’s monthly releases and what matters
