Investing & Markets

XRP Short Squeeze Alert: Supply Could Mirror Bitcoin's 21M Cap

XRP Short Squeeze Alert: Supply Could Mirror Bitcoin's 21M Cap

The digital asset market is abuzz with a compelling narrative surrounding Ripple’s XRP, suggesting it could be on the cusp of a significant short squeeze. This speculation is fueled by recent analysis indicating that XRP’s available trading supply might contract dramatically, potentially reaching levels comparable to Bitcoin’s famously scarce 21 million hard cap. This perspective challenges conventional views on XRP’s vast total supply, directing focus instead to the much smaller pool actively traded by retail participants. Prominent XRP commentator Chad Steingraber initiated this discussion, positing that the actual quantity of XRP accessible for everyday retail trading constitutes only a fraction of its overall supply. His insights emerged amidst broader conversations concerning the strategic role of institutional and network-led lockups, exemplified by projects like Axelar and Flare Networks, which are actively working to secure substantial volumes of XRP tokens from the open market…

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