Ripple unlocks 1 billion XRP in August escrow release
Ripple has completed its scheduled monthly escrow unlock, releasing 1 billion XRP worth approximately $1.08 billion as part of its supply management program.
Ripple released its August escrow allocation across three separate transactions on August 2. The unlock consisted of 500 million XRP valued at approximately $532.86 million, 300 million XRP worth roughly $319.65 million, and 200 million XRP valued at approximately $213.11 million.
The monthly escrow mechanism, introduced in December 2017, releases up to 1 billion XRP on the first day of each month to improve supply transparency. Ripple typically returns a significant portion to new escrow contracts, and throughout 2026 has re-locked approximately 700 million XRP monthly, leaving a net addition of about 300 million XRP for operational use, liquidity services, partnerships, and ecosystem development.
Following the August release, XRP's circulating supply stands at approximately 62.5 billion tokens, with more than 32 billion XRP remaining locked in escrow. The monthly releases have historically had minimal price impact due to the public schedule, with XRP trading around $1.05 during the unlock. Ripple's regular supply management and the largely priced-in nature of the releases suggest XRP's near-term direction will depend more on Bitcoin performance, broader market sentiment, and macroeconomic factors.
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