Ripple has completed its monthly XRP supply management by locking 700 million XRP in escrow, valued at approximately $974 million. This move, executed on May 1, follows the initial unlocking of 1 billion XRP earlier in the day. The action is part of Ripple's routine strategy to manage liquidity and ensure a predictable supply flow for XRP. Despite the regularity of this process, the XRP community remains optimistic about the asset's performance in May. XRP has already seen a 1.37% gain in the first two days of the month, with its price holding steady around $1.38. Demand for XRP appears to be increasing, as evidenced by a decline in foreign exchange reserves since the start of May.