In recent weeks, financial services companies in Japan and South Korea have adopted Ripple’s technology, helping boost the price of the cryptocurrency($2.5 as of the time when this article is uploaded).

According to Stephen Powaga, head of research at investment firm Blockchain Momentum, ripple and other some other cryptocurrencies have relatively low transaction fees, which made them popular when people began looking for alternatives to bitcoin.

But unlike Bitcoin, ripple isn’t created, or “mined,” by users. The company has control.

It created 100 billion ripple coins initially, and 38 billion of them are in circulation at the moment. Ripple management can release up to 1 billion coins per month, which Powaga predicts could oversaturate the market.

“It’s somewhat concerning for me because if they chose to release them as quickly as possible, within a little over four years, you’d see more than a doubling of supply of ripple,” he said.

That could put pressure on its price.

“I’m not certain that some of the newer market participants are fully appreciating the potential for inflation,” Powaga said.