Ripple Unlocks 1 Billion XRP Tokens Amid Ongoing Price Struggles

Ripple has released 1 billion XRP tokens as part of its regular monthly escrow mechanism. The move comes as XRP's price shows renewed momentum, but still struggles to break out of its recent downtrend. Three separate transactions released 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 a larger plan that began in 2017 when Ripple originally placed 55 billion XRP into escrow. At the time, the company stated that any unused tokens would return to escrow for future releases.

As of August 31, approximately 32.28 billion XRP remained locked in Ripple's on-ledger escrow. After this latest unlock, that figure drops to around 31.14 billion XRP. This leaves roughly 31.28% of XRP's fixed 100 billion maximum supply still locked inside Ripple's escrow.

It is essential to note that an unlock does not necessarily mean Ripple sold 1 billion XRP. The company has historically re-escrowed a large portion of each monthly release, meaning tokens reaching the broader market tend to be smaller than the headline figure suggests.