The post XRP News Today: SBI Report Reveals 7x Market Growth, Supply Data, and Future Plans appeared first on Coinpedia Fintech News SBI Holdings, a major Ripple partner, has released a financial report packed with surprising insights about XRP. The report not only reveals how much XRP is currently in circulation but also highlights its rising market value and long-term growth. Even more interesting, XRP’s value has multiplied over time, showing its strength in the crypto market. SBI’s report also dives into Ripple’s XRP holdings, the impact of XRP’s burn mechanism, and how shareholder rewards in XRP have skyrocketed in value. With SBI and Ripple deepening their partnership, XRP’s future looks more promising than ever. Here’s a closer look at the key takeaways from the report. XRP Supply: Circulating, Held, and Locked in Escrow According to SBI’s financial report for the fiscal year ending March 2025, around 57.76 billion XRP were in circulation as of February 2, 2025. Since XRP has a maximum supply of 100 billion, a large portion remains in reserve. The report also states that Ripple currently holds 4.79 billion XRP, while 37.43 billion XRP is locked in escrow. This escrow system ensures a controlled release of XRP over time, preventing oversupply in the market. Another key detail in the report is XRP’s burn mechanism. Each transaction fee burns a small amount of XRP, gradually reducing the total supply. So far, around 0.01 billion XRP have been burned. This system not only decreases supply but also helps keep the XRP Ledger secure and efficient by discouraging spam transactions. Great graphic about #XRP in circulation by #RIpple partner/investor SBI Holdings in this Feb report. Nice to see escrow down to ~40%! Burned portion not quite to scale, though pic.twitter.com/sbiHzMK16e — WrathofKahneman (@WKahneman) February 28, 2025 SBI’s Shareholder Rewards in XRP SBI has also been rewarding its shareholders with XRP since March 2020. So far, shareholders have received XRP on five occasions, totaling 796 XRP per shareholder. When the rewards were first given, the total value was about 8,000 Japanese Yen, based on an average price of 50.2 Yen per XRP. By February 6, 2025, XRP’s price had jumped to 354.6 Yen per token—nearly seven times its original value. This sharp increase highlights XRP’s strong market performance and growing adoption. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP Price Prediction For March 1 , SBI and Ripple’s Expanding Partnership SBI and Ripple’s partnership continues to grow. SBI, which owns a 9% stake in Ripple, has played a major role in promoting XRP adoption. In 2016, they launched SBI Ripple Asia to improve cross-border payments in the Asia-Pacific region. In 2021, SBI Remit introduced Japan’s first international remittance service using XRP. Now, the two companies are expanding into the NFT space , with plans to launch NFTs on the XRP Ledger at Expo 2025 in Osaka, Japan. SBI is also strengthening its presence in digital assets with the launch of RLUSD, a stablecoin tied to the US dollar. With its growing initiatives, SBI continues to push XRP forward as a key player in the evolving crypto market. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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