Analyst Says XRP’s Billion-Dollar Unlock Is Old News, Ripple’s Bank Ambitions Aren’t

The post Analyst Says XRP’s Billion-Dollar Unlock Is Old News, Ripple’s Bank Ambitions Aren’t appeared first on Coinpedia Fintech News

Ripple released roughly $1 billion worth of XRP from its escrow this week, an amount large enough to catch the attention of traders watching the token’s price action closely. Asked how to interpret the timing, given XRP’s recent price weakness, one analyst pushed back on the idea that the unlock signals anything unusual. “This is …