XRP Defends Key Support as Ripple's Billion-Dollar Unlock Raises Supply Concerns

Ripple's recent token unlock of $1.06 billion has raised concerns about fresh supply entering the market, but XRP has managed to defend its key support at $1.05.

The unlock included three separate releases: 500 million XRP valued at $532.86 million, 300 million XRP worth $319.65 million, and another 200 million XRP valued at $213.11 million.

Exchange inflows have also increased, with net flows reaching +$2.41 million, but this remains relatively modest compared to historical spikes.

The Network Value to Transaction (NVT) ratio has declined sharply, indicating stronger transaction activity relative to market capitalization, which could offset part of the selling pressure narrative.