XRP's Month-End Showdown: Unlock, Upgrade, and Regulation
XRP started September at $1.35 after gaining 28.5% in August.
Ripple unlocked 1 billion XRP on September 1 under its monthly escrow program, which doesn't necessarily mean all 1 billion will enter the market as Ripple typically re-locks a significant portion back into escrow.
The upcoming XRPL 3.3.0 upgrade could activate on September 11 pending validator approval and introduces confidential transaction technology that uses zero-knowledge proofs to hide transaction amounts and balances.