Ripple Unlocks One Billion XRP Amid Escrow Schedule
Ripple unlocked one billion XRP on September 1 through three transactions involving 500 million, 400 million, and 100 million tokens. The releases were made from Ripple-controlled escrow accounts as part of the company's programmed monthly XRP escrow schedule.
The remaining balance in active on-ledger escrow objects after the release was approximately 31.28 billion XRP, which represents about 31.28% of XRP's original 100 billion supply.
Ripple's next scheduled XRP unlock is set for October 1, with up to another one billion XRP potentially becoming available. However, it's essential to note that the net supply change can only be calculated after re-escrow transactions and any transfers from Ripple's operational wallets are reviewed.