Speculation Rises Over Ripple Possibly Buying Back Larsen’s Remaining XRP Holdings
Recent discussions within the XRP community have reignited speculation that Ripple may be preparing to purchase the remaining XRP holdings of co-founder Chris Larsen. With approximately 2.5 billion XRP reportedly still in Larsen’s possession, many analysts believe that a strategic buyback could be underway or in development, aiming to stabilize market supply and strengthen Ripple’s control over the token’s long-term value.
Growing Talk of a Ripple Buyback
Community observers suggest that Ripple could be positioning itself to reclaim some of the circulating XRP from early executives to consolidate control and reduce external influence on token movements. If true, this move would represent one of the most significant corporate buybacks in the crypto space.
Read Also: XRP Community Embraces Holder Ranking Trend as Symbol of Pride and Unity
Chris Larsen, alongside Jed McCaleb and Arthur Britto, was one of Ripple’s early co-founders, each receiving substantial allocations of XRP in the project’s early years. McCaleb notably sold the majority of his holdings in prior years, while Larsen and Britto still reportedly hold sizable amounts. Speculators now believe Ripple may be quietly facilitating the buyback of Larsen’s holdings to prevent potential market volatility.
Market Impact and Price Implications
At a hypothetical price of 200 dollars per XRP, Larsen’s 2.5 billion tokens would be valued at an astonishing 500 billion dollars. Such an amount would represent a significant portion of the global crypto market capitalization, making it highly unlikely that Ripple or regulators would allow a single individual to hold that much influence.
If Ripple indeed moves to reacquire these tokens, it would signal an effort to protect XRP’s long-term price stability and prevent sudden sell-offs that could disrupt market balance. This strategy could also pave the way for future institutional adoption, as a more controlled and predictable token distribution often appeals to large-scale investors.
Read Also: Shiba Inu Holds Strong at Key Support, Analysts Eye Potential Reversal
The Bigger Picture for Ripple and XRP
Speculation aside, the broader sentiment among XRP holders remains optimistic. Ripple’s continued engagement with global regulators, financial institutions, and policymakers suggests a maturing vision for XRP’s use in cross-border settlements and liquidity management.
If Ripple confirms such a buyback initiative, it would reinforce confidence in its commitment to preserving XRP’s market integrity. Whether or not this rumored transaction takes place, one thing is clear — Ripple is actively shaping the ecosystem’s financial dynamics, and XRP’s role in the global digital asset landscape remains as relevant as ever.
Follow us on Facebook, Telegram, and Google News.
Tosin Matthew is a dynamic figure in the crypto sphere, blending content creation with astute analysis. With a sharp eye for market trends and a passion for blockchain technology, Tosin delivers insightful content that educates and empowers. Trusted by audiences for expert guidance in navigating the complexities of cryptocurrency.
