#数字资产市场动态 Will XRP face a supply shortage? Recently, this question has caused a stir in the market.

Some analysts claim that XRP ETFs will quickly deplete exchange inventories, even hinting that a supply shock could be triggered within the next few weeks. These views spread rapidly on social media, accompanied by Glassnode data charts, making their assertions seem particularly confident. Some even foresee that by 2026, XRP will transform from a speculative asset into a global infrastructure-level liquidity tool.

But the story isn't that simple. Vet, a validator on the XRP Ledger, recently poured cold water on these claims: exchanges actually hold close to 16 billion XRP, a figure far exceeding the 1.5 billion circulating in the market. In other words, market liquidity is actually quite ample, with mainstream trading pairs executing transactions in seconds.

Does the entry of institutions and ETFs make it completely harmless? Not necessarily. Industry insiders have pointed out that ETF custody and the continuous absorption by large institutions will, in the short term, change the structure of effective circulating supply. However, to truly trigger a supply shock in the meaningful sense, it would require very concentrated and extremely large buy orders. Discussing this now might be premature.

Overall, XRP's supply situation is not a bottleneck. Currently, XRP is priced at $1.8982. Market anxiety often exceeds the actual threat—and this time, it may be no different.