Ripple XRP Buyback CONFIRMED – $990 per XRP for 50 Billion Tokens!
- Mathew Jacob
- Apr 28
- 2 min read
In a stunning move that has shaken the crypto markets, Ripple Labs has reportedly initiated a massive buyback of its native token, XRP, at an astonishing price of $990 per XRP. The scope of this buyback is monumental, with 50 billion XRP earmarked for repurchase.
This development, if fully confirmed, represents one of the largest and most aggressive buybacks in crypto history. Ripple appears to be taking extraordinary steps to consolidate its XRP holdings, possibly signaling a major strategic shift ahead of potential major developments — such as broader institutional adoption, major partnerships, or a major IPO push.
Why a Buyback, and Why Now?
Over the years, Ripple has faced scrutiny, lawsuits, and regulatory hurdles, particularly with the SEC lawsuit that was largely settled in Ripple’s favor in 2023. Since then, Ripple has been expanding globally, entering markets in Europe, Asia, and the Middle East.
A buyback at this scale suggests Ripple believes XRP is significantly undervalued, and they are willing to bet heavily on its future. Analysts suggest several possible reasons for the move:
Preparation for an IPO: Ripple has long hinted at going public. A stronger XRP treasury would give them greater financial leverage.
Strengthening Market Control: Buying back a huge supply of XRP could reduce circulating supply dramatically, potentially driving price action upwards.
Building Institutional Confidence: By demonstrating confidence in XRP’s value, Ripple may be preparing the ground for institutional investments and partnerships.
Market Reaction
The news has sent shockwaves through the crypto community. Trading volumes for XRP have exploded, and social media is ablaze with speculation about what this could mean for XRP’s future price. Many holders, both large and small, are reevaluating their strategies in light of the buyback.
While XRP was trading at much lower prices prior to the announcement, the $990 valuation could create enormous upward pressure as investors anticipate scarcity and new demand.
However, some caution is advised — it remains important to verify details, track official announcements, and consider that market volatility could be extreme in the short term.
What’s Next?
Ripple’s buyback program, if executed as announced, could fundamentally alter the XRP ecosystem. Investors and crypto watchers alike will be keenly focused on:
How quickly Ripple executes the buyback
How the broader market reacts in the coming weeks
Whether regulatory bodies respond to the magnitude of this move
Regardless of the immediate outcomes, one thing is clear: Ripple is doubling down on XRP, and the implications could be historic.
