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๏ปฟAnjali Belgaumkar
๏ปฟAnjali Belgaumkar
Author
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto โEnthusiastโ but trust me I'm getting there.
- May 06, 2025 01:52 UTC
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XRP News: Ripple Blamed for XRP Price Stagnation, but Legal Expert Calls It a Myth
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XRP $ 2.32 (-0.74%) 
A viral social media post claims XRP's price is being suppressed, but expert Bill Morgan refutes these allegations, citing market patterns.
Rippleโs small monthly sales and XRPโs price alignment with Bitcoin and Ethereum challenge the idea of market manipulation, according to Bill Morgan.
A recent post on social media has stirred up fresh debate in the crypto community, raising the question: Is XRPโs price being suppressed beyond the SEC lawsuit? The post quickly went viral, with some calling it unnecessary fear-mongering and others suggesting it hints at possible market manipulation.
What Was Said?
The post argued that Rippleโs monthly XRP sales, unusual network patterns, and historic price movements โ particularly during XRPโs famous 2017 rally โ hinted at possible price suppression. It even cited a study that found a negative connection between XRPโs transaction network and its price performance. Naturally, this raised plenty of questions within the crypto community.
Expert Clears The Air
However, attorney and XRP supporter Bill Morgan explained that the post made several exaggerated claims. For starters, he clarified that Ripple doesnโt own 43% of XRPโs supply, as the post suggested. According to CoinMarketCap data, around 58.5% of XRP is in circulation, excluding what Ripple holds in escrow.
Morgan also said that Rippleโs monthly sales from escrow make up just a small fraction of the total market volume and have no impact on price. In fact, evidence presented in the SEC lawsuit revealed that Ripple took measures to support XRPโs price, such as locking up large amounts of tokens in escrow to reduce market pressure.
He added that the SEC spent over 18 months investigating Ripple before filing the lawsuit, and if any proof of price manipulation existed, it would have been used in court. This, he argued, makes the suppression claims hard to believe.
Further clarifying the situation, Morgan said that XRPโs price has historically followed the crypto market, moving in line with Bitcoin and Ethereum. This trend has remained consistent for the past four years, and little has changed to challenge that pattern.
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FAQs
Claims of price suppression lack evidence, as Rippleโs small monthly sales and market trends show no manipulation, according to expert Bill Morgan
The SEC spent 18 months investigating Ripple, and no evidence of price manipulation was presented in court, supporting Bill Morganโs claims
Yes, XRP’s price has historically moved in line with Bitcoin and Ethereum, reflecting broader market trends over the past four years
Yes 
No 
