#Crypto Market Rebound# Why Is XRP Price Stuck? Analyst Points to Centralized Control
XRP has failed to breakout since its November 2024 rally, raising new questions about what’s holding it back.
Despite XRP’s strong technical foundation, there seems to be a dominant “hand” influencing market behavior. Limited supply, centralized token management, and weak institutional demand are the main obstacles.
Ripple’s Impact on XRP Supply
Unlike Bitcoin or Ethereum, XRP is pre-mined. Initially, 100 billion tokens were created and no new tokens will ever be minted again. Ripple Labs initially held 80% o