#10 of 25 · XRP Ledger
Is XRP deflationary?
About flat · 0.0% estimated supply next year
XRP supply is expected to stay about flat over the next twelve months (0.0% estimated). That figure is a measured estimate from 97 dated observations over 96 days. Under its transaction fee destruction program, tokens are permanently destroyed, funded by every xrpl transaction. Its unlock timing is not fully disclosed, so releases are scored as unknown rather than as zero. Beneat Supply Watch ranks XRP #10 of 25 with an overall supply score of 77 out of 100, as of Sep 6, 2026.
Supply score
77 / 100
Key figures
Supply next year
0.0% estimated
Tokens unlocking, 12 months
Not disclosed
Circulating
62.7%
Market cap
$88.7B
Supply direction score
70
Release pressure score
62
Program strength
98
Track record
95
Scores are 0–100 research shortcuts, not price forecasts. Sources: partial. Data as of Sep 6, 2026.
Supply history
Daily observed effective supply from the approved protocol adapter. Scheduled releases are shown separately below.
Upcoming releases
The release schedule is not publicly dated. Ripple decides how much of each monthly escrow release is distributed and relocks the unused balance.
No calculable XRP release is published for the coming months.
How XRP supply changes
Paid for by
Every XRPL transaction
What happens
Transaction fee destruction
Where tokens go
Permanently destroyed
Transaction costs reduce total supply. Escrow releases affect float, but the published 1B monthly amount is a ceiling—not a forecast.
Catalyst
No material catalyst recorded.
Offsetting risk
Actual escrow-to-market flow cannot be inferred from the contractual release ceiling.
Questions people ask about XRP supply
- Is XRP deflationary?
- XRP supply is expected to stay about flat over the next twelve months (0.0% estimated). That figure is a measured estimate from 97 dated observations over 96 days. Under its transaction fee destruction program, tokens are permanently destroyed, funded by every xrpl transaction. Its unlock timing is not fully disclosed, so releases are scored as unknown rather than as zero. Beneat Supply Watch ranks XRP #10 of 25 with an overall supply score of 77 out of 100, as of Sep 6, 2026.
- When is the next XRP unlock?
- No dated XRP release is published for the coming months: the release schedule is not publicly dated. Ripple decides how much of each monthly escrow release is distributed and relocks the unused balance.
- How much XRP is in circulation?
- 62.74B XRP is in circulation, about 62.7% of the 100.00B reference supply, with a market cap of $88.7B. Release progress is 3 of 5; expected completion: Escrow-dependent.
- How does XRP supply change?
- Transaction costs reduce total supply. Escrow releases affect float, but the published 1B monthly amount is a ceiling—not a forecast. Program: Transaction fee destruction. Paid for by every xrpl transaction. Destination: permanently destroyed.
- How reliable is this data?
- XRP has partial sources: 3 cited documents, last checked Sep 6, 2026. Reconciliation against the published plan is "matched". Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation.
Sources
- CoinGecko · Market and circulating-supply snapshot ↗2026-09-06
- Ripple · XRP escrow release policy ↗2026-09-01
- XRP Ledger · Transaction-cost destruction ↗2026-09-01
Reconciliation: matched. Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation. Machine-readable data: /api/screener/deflationary and calendar for XRP.
Compare with
All 25 tokens on Beneat Supply Watch · How Supply Watch compares with other tools
Research only. Not investment advice. Beneat Supply Watch does not forecast prices.