Ripple Buyback Sees Low Participation Among Holders

Ripple's recent initiative to execute a $1 billion tender offer has met with limited success, as revealed by a report from The Information. The low participation rate from holders suggests a widespread reluctance to part with their tokens, even in the face of a substantial buyback offer. This strong refusal to sell is widely interpreted by market observers as a clear indicator of long-term conviction in XRP's future value and prospects, highlighting a resilient and dedicated holder base.