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Ripple Unlocks 1 Billion XRP After a Weak June

Ripple released 1 billion XRP from escrow while the token is still recovering from a weak June. The market is watching the impact on supply and inflows into U.S. spot XRP ETFs.

By Mike Hesp
• 2 min read
Ripple Unlocks 1 Billion XRP After a Weak June

Key Takeaways

  • Ripple released 1 billion XRP from escrow on Wednesday, split across three transactions of 200 million, 300 million, and 500 million.
  • The unlock follows a weak June, when XRP fell to around $1.01, its lowest level in 19 months.
  • Under the escrow setup, Ripple usually locks up a large share of the released tokens again later.

Ripple unlocked 1 billion XRP from escrow on Wednesday, moving the tokens in three separate transactions. The release comes as XRP is still trying to bounce back from a weak June, when the token sank to its lowest level in 19 months. That has put Ripple’s supply management back in focus.

2017 Escrow Mechanism

The move is part of the escrow system Ripple set up in 2017 to make XRP issuance more predictable. Whale Alert flagged the transfers on July 1, which were sent in quick succession that morning. Ripple first moved 200 million XRP, then 300 million, and finally 500 million, bringing the total to exactly 1 billion tokens worth about $1.04 billion (€0.9 billion) at current prices.

In practice, most of the tokens released under this system are usually sent back into escrow within hours or days. Ripple has historically used about 100 million to 300 million XRP each month for operating expenses, partnerships, and ecosystem development, while the rest is rolled into new escrow contracts. That setup generally keeps the net growth in circulating supply relatively small.

The Market Is Watching June

The timing stands out because XRP just came through a rough month. On June 25, the token fell to around $1.01 (€0.89), its lowest level in 19 months, before edging back up to around $1.04 (€0.91). From a technical standpoint, XRP remained in a downward channel, with resistance near $1.18 (€1.04) to $1.22 (€1.07) and support just below $1.00 (€0.88).

On-chain data paints a more mixed picture. Santiment reported that large holders added about 210 million more XRP in June, while exchange net flows turned negative as tokens moved into private wallets. That suggests accumulation is still happening, even though the broader price trend remains weak for now.

Why This Matters

For European crypto readers, the main point is that XRP continues to show how closely tokenomics and market sentiment can interact. A scheduled unlock of 1 billion XRP is not unusual by itself, but in a period of softer prices and closer scrutiny of supply, it can still carry extra market weight. The continued inflows into U.S. spot XRP ETFs also suggest that institutional demand is not moving in lockstep with short-term price action. At the same time, Ripple’s broader plan keeps expanding, with new XRP Ledger use cases such as onchain lending that could add more utility to the network over time.

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