Ripple is preparing to release 1 billion XRP on August 1 as part of its monthly escrow unlock program.
The upcoming release follows Ripple’s longstanding escrow mechanism, which automatically unlocks up to 1 billion XRP each month from escrow accounts on the XRP Ledger. Ripple introduced the escrow system in 2017 to make the release of its XRP holdings more predictable and address concerns that large quantities of the token could enter the market without warning.
Although the headline figure is significant, the market has largely treated these events as routine due to Ripple’s consistent practice of re-locking most of the released tokens.
At current levels, XRP’s circulating supply stands at approximately 65 billion tokens out of the asset’s fixed maximum supply of 100 billion XRP. The headline unlock is therefore equivalent to roughly 1.5% of XRP’s circulating supply. However, the actual increase in supply is typically much smaller because most of the released
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