Ripple to Unlock One Billion XRP Amid Bearish Momentum
Ripple is set to unlock one billion XRP from escrow on September 1 as part of its ongoing monthly release schedule, which began in 2017. This move comes amid XRP trading near the key $1 level, where the token faces bearish momentum and is below major moving averages, signaling potential price pressure.
Although up to one billion XRP will be unlocked, Ripple typically re-locks 600-800 million XRP, resulting in a net supply increase of 200-400 million XRP. This predictable nature has historically limited lasting price impact, with XRP often stabilizing after initial volatility.