Ripple Unlocks $1.38B in XRP, Price Stays Steady Amid Institutional Demand
Ripple's monthly unlocking routine continued on September 1, 2026, as it released $1.38 billion in XRP tokens from escrow.
The massive release of 1 billion XRP tokens was valued at approximately $1.38 billion and did not negatively impact the price of XRP, which remained stable and even increased slightly.
This stability reflects market confidence, particularly given August's strong performance, where XRP surged by 28.5% due to institutional investments, especially through XRP-focused ETFs that attracted over $153 million.
Network activity also soared in August, with a 521% spike in payment volume and record active addresses, signaling growing institutional use and bullish momentum for XRP.