The recurring monthly unlocks of XRP tokens held in escrow by Ripple appear to exert a downward pressure on the cryptocurrency’s price. This issue has spurred debates within the XRP community about the potential benefits of initiating a token burn for the escrow holdings.
Burning these tokens might reduce the circulating supply and, theoretically, lead to a positive price movement in the market. This idea is being considered as a solution to counter the bearish trend observed with each monthly unlock.
