XRP Demand SHOCK Is Coming | XRP Is Now Disappearing From Exchanges

Market Demand for XRP - Demand for XRP has significantly increased, attracting more buyers than ever before [1] - Hype around XRP has rapidly grown, especially after reaching a notable price level [2] - CME Group data indicates XRP futures contracts quickly reached $1 billion in open interest [15] - Coinbase data shows Solana and XRP perpetual style futures scaled exponentially, exceeding $19 billion in notional volume and 16 million contracts traded [19] Institutional Adoption and Custody - BDAX, a licensed crypto custodian in South Korea, provides secure institutional access to XRP and other tokenized assets using Ripple custody [6] - BDAX is the first custodian in South Korea to enable institutions to transact and hold XRP ledger native assets [9] - Ripple custody is expected to significantly increase demand for the XRP ledger and XRP [13] Supply Dynamics - The supply of XRP on Coinbase has decreased by 90%, from 970 million to 99 million, potentially leading to a supply squeeze [23][25] - Despite a large circulating supply of nearly 60 billion, XRP could experience a supply shock due to retail, institutional, and enterprise buying, along with utility in DeFi and payments [26][27] Market Outlook - XRP is considered a unique altcoin, with potential for significant growth [3] - An XRP ETF launched and broke records, demonstrating high demand for such products [14] - The market is consolidating, awaiting a significant move, and altcoin season has not yet fully materialized [29][32]