Ripple Unleashes 1 Billion XRP Amid Ongoing Price Struggle

Ripple's September unlock released 1 billion XRP tokens as part of its regular monthly escrow release, according to blockchain tracker Whale Alert. This move comes as XRP's price shows renewed momentum but still struggles to break out of its recent downtrend.

The unlock consisted of three separate transactions releasing 500 million, 400 million, and 100 million XRP from Ripple-controlled escrow accounts. The release follows Ripple's established mechanism, which allows up to 1 billion XRP to become available at the start of each month. This is part of the company's original placement of 55 billion XRP into escrow back in 2017.

After this latest unlock, approximately 31.14 billion XRP remain locked in Ripple's on-ledger escrow, leaving roughly 31.28% of XRP's fixed 100 billion maximum supply still locked inside. An important note is that an unlock does not mean Ripple actually sold 1 billion XRP; the company has historically re-escrowed a large portion of each monthly release.