Ripple Unlocks 1 Billion XRP Amid Regulatory Hopes
Ripple's monthly XRP unlock is scheduled for September 1, with the company set to release 1 billion XRP from escrow. This represents a potential increase of 200-400 million XRP in circulation.
The move comes as XRP's price has risen to $1.43, up from $1 at the last unlock. The recent SEC filing suggests that Ripple may release even more XRP if the US passes the CLARITY Act, which could increase supply to meet higher demand amid clearer regulations.
While escrow releases can cause short-term price swings, XRP typically stabilizes quickly afterward.