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XRP has experienced a remarkable price increase of over 31,000% since its inception in 2012, despite Ripple and its executives selling more than 58 billion XRP during this period. Initially launched as NewCoin, the XRP Ledger (XRPL) introduced a fixed supply of 100 billion XRP, with 80% allocated to Ripple and 20% to its founders. Today, Ripple and its executives hold approximately 41.485 billion XRP, indicating significant sales over the years.Ripple's sales strategy, including the use of cryptographic escrows to manage liquidity, has drawn mixed reactions. However, the price of XRP has surged from $0.00587 in August 2013 to $1.87, reflecting a 31,756% increase. This growth challenges the narrative that Ripple's sales have hindered XRP's price performance, highlighting the cryptocurrency's resilience and market demand.

XRP+1.37%

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