Ripple Unlocks 1 Billion XRP Worth $1.08 Billion Amid Predictable Market

Ripple has carried out its August escrow release, unlocking 1 billion XRP worth approximately $1.08 billion as part of its long-running supply management program.

The release occurred in three separate transactions on August 2, with 500 million XRP valued at about $532.86 million, 300 million XRP worth roughly $319.65 million, and another 200 million XRP valued at approximately $213.11 million.

This is part of a mechanism Ripple introduced in December 2017 to improve transparency around the cryptocurrency’s supply.

Ripple typically returns a significant portion of the unlocked tokens to new escrow contracts, leaving a net addition of about 300 million XRP for operational use, liquidity services, partnerships, and ecosystem development.