XRP New Escrow Transaction Sparks Speculation in Crypto Market, What’s the Outlook in November?

Jakarta, Pintu News – Recently, Ripple (XRP) escrow transactions have attracted attention and speculation among the crypto community. Usually, the opening of Ripple (XRP) escrow is done at the beginning of the month, but this incident happened in the middle of the month, which caused confusion among users.

This transaction does not involve Ripple directly, but rather is related to the Flare Network, a blockchain project that integrates Ripple (XRP) to enable smart contracts. This incident shows the changing dynamics and growing influence of blockchain technology.

Escrow and Flare Network Transactions

The latest transaction that created this confusion was not from Ripple, but from Flare Network. Flare Network is a blockchain project that collaborates with Ripple (XRP) and other assets to enable smart contracts. Core Vault, as a key component of the FAssets system in Flare, serves as a liquidity center for non-smart contract assets.

Core Vault stores collateralized assets such as Ripple (XRP) deposited by agents. These assets then support the minting of FAssets (FXRP). The escrow/smart-contract mechanism in Core Vault ensures that locked Ripple (XRP) cannot be traded freely. This represents a step forward in the integration of crypto assets with decentralized finance (DeFi).

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Safety and Daily Release Mechanism

Core Vault is designed with integrated security through time-locked escrow accounts and daily release mechanisms. This security is important to maintain stability and trust in the system. Every transaction involving escrow is closely monitored to ensure that there is no manipulation or misuse of assets.

The daily release of escrow allows for controlled liquidity and reduces the risk of sudden market volatility. This is an important step in maintaining a balance between asset safety and market liquidity needs. Such a system may be a model for wider adoption of blockchain technology in the traditional financial system.

Transfer $56 Million Ripple (XRP)

On the other hand, Whale Alert reported that a total of 22 million Ripple (XRP), worth approximately $56 million, was recently moved from the BitGet exchange to an unknown wallet. Large transfers like this often attract attention and speculation about potential acquisitions or large market moves.

Ripple (XRP) is currently trading at $2.55, having risen more than 10% in the last 24 hours. These price movements demonstrate market dynamics that are responsive to news and large transactions. This reaffirms the importance of monitoring large transactions in the crypto ecosystem to understand market trends.

Broader Implications of the XRP Escrow Deal

The Ripple (XRP) escrow transaction and activity on the Flare Network demonstrate the continued evolution in blockchain and crypto usage. These events not only affect the price of Ripple (XRP) but also demonstrate the potential integration of blockchain in the broader financial system. Monitoring and analyzing these kinds of transactions will continue to be important in understanding and navigating the future of decentralized finance.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• U.Today. Latest XRP Escrow Moves Spark Speculation. Accessed on November 11, 2025