Ripple will unlock 1 billion XRP tomorrow

0 0

Ripple will unlock 1 billion XRP tomorrow

Ripple is getting ready to unlock 1 billion $XRP from escrow tomorrow, August 1, worth about $1.08 billion based on the $XRP price of $1.08 at the time of writing.

The upcoming unlock is part of Ripple’s long-standing escrow schedule, according to which the company typically unlocks 1 billion $XRP on the first day of each month.

With the token’s circulating supply currently at about 62.52 billion $XRP, the new release will increase it by roughly 1.6%, although Ripple is likely to return a large portion of the unlocked tokens to escrow.

How much $XRP will Ripple unlock tomorrow?

Indeed, although the company unlocks 1 billion $XRP every month, it usually re-locks a large portion of the batch (between 60% and 80%) to a new escrow contract.

So far, Ripple has re-locked on average 700 million $XRP every month in 2026, reducing the amount that went into circulation to just 300 million $XRP per month.

At press time, roughly 32.44 billion $XRP is held in escrow, valued at approximately $34.72, according to data from XRPSCAN.

What does the Ripple escrow mean for $XRP prices?

As the upcoming release follows a strict schedule introduced in 2017, the market is unlikely to react in any meaningful way to what amounts to a routine event. Indeed, previous monthly escrows generated very little immediate volatility in $XRP’s price.

$XRP’s performance this year is more dependent on broader cryptocurrency market trends, regulatory developments, and Bitcoin (BTC) moves.

Ripple will unlock 1 billion XRP tomorrow

$XRP price 1-month. Source: Finbold

A more important short-term catalyst has come in the shape of the U.S. CLARITY Act , which remains a major factor in every $XRP price prediction 2026, some of which see the cryptocurrency trading somewhere between $1.15 and $1.25 by next week’s voting date.

Featured image via Shutterstock

Source

Leave A Reply

Your email address will not be published.