XRP Exchange Balances Shrink to 1.5 Billion as ETFs Raise 2026 Supply Shock Scenario

XRP reserves on centralized exchanges are nearing 1.5 billion tokens as spot XRP ETFs rapidly soak up supply. An analyst known as unknown DLT links roughly 750 million XRP absorbed in recent weeks and forecasts a possible supply shock by early 2026. Alongside rising ETF net assets above $1.24 billion by Dec. 26, upgrades such as rippled v3.0.0 and an on-ledger lending protocol aim to expand XRP Ledger's institutional utility.