Ripple Set to Unleash $1.3 Billion in XRP on September 1
Ripple is set to unlock 1 billion XRP from escrow on September 1 as part of its long-running monthly release program.
This event, which has become a regular occurrence in the crypto market, allows Ripple to place over $1.3 billion worth of tokens back under its control.
The scheduled release comes as XRP continues to trade above the psychologically important $1 level, consolidating after its recent rally in line with broader cryptocurrency market sentiment.
Analysts note that Ripple has maintained a pattern across multiple market cycles, limiting the amount of new XRP entering circulation by returning a significant portion of unlocked tokens to escrow each month.