Ripple Labs Unlocks 500,000,000 XRP from Escrow as XRP Price Consolidates

Updated 6 hours ago by · 4 mins read

Ripple Labs recently unlocked 500 million XRP from escrow to complete an earlier release of 500 million tokens.

Blockchain payments firm Ripple Labs XRP $2.22 24h volatility: 1.4% Market cap: $130.91 B Vol. 24h: $2.07 B has finally completed another escrow release for July by unlocking another 500,000,000 XRP.

Ripple Releases 1 Billion XRP in Tranches

Normally, Ripple Labs releases 1 billion XRP from escrow each month as part of its routine rebalancing campaign started in 2017, usually on the first day of the month. This time, the firm released 500 million XRP on July 1, followed by another 500 million XRP on July 4.

The split rollout has caught the XRP community members by surprise, with many wondering what may have prompted the action.

When the crypto behemoth released the first 500 million XRP, the coins were sent to the company in two tranches of 300 million and 200 million XRP.

The 300 million XRP transfer is suspected to be queued for On-demand Liquidity (ODL) operations, exchange-traded products (ETPs), and even strategic partnerships.

The next day, a third escrow unlock of 300 million XRP was also spotted. Although it has failed, this suggests that some parts of the escrow process were still missing. The recent 500 million XRP unlock is likely the concluding part of that transaction. Thereafter, Ripple locked about 400 million XRP in escrow.

This second transfer of 500 million XRP was detected by Whale Alert and confirmed by XRP wallets.

With this final tranche, the July cycle is now officially closed, with a total of one billion XRP unlocked and 700 million XRP relocked.

This series of transactions further underscores how Ripple is slipping away from its rigid formula of unlocking and immediately relocking most of the supply.

Now, the blockchain payments firm staggers, unlocks, and redirects flows based on real-time demand and internal strategies. This trend began in March and has continued since then.

Meanwhile, Ripple has continued to make a move to integrate its USD-pegged stablecoin, RLUSD, with traditional finance (TradFi) across the board.

The firm took the bold step of applying for its own bank license earlier this week following the partnership with AMINA Bank.

Should this move materialize, the payment firm would be presented with new stablecoin opportunities, although there is a possibility that XRP will not be directly impacted.

Join the TOKEN6900 Presale Before the Price Rises

As the Ripple ecosystem gains momentum, another project is turning heads: TOKEN6900. This token is rapidly making its mark, aiming to join the ranks of crypto giants like Bitcoin, Ethereum, and Solana.

What sets TOKEN6900 apart is its bold approach. Unlike traditional tokens tied to fundamentals like liquidity or corporate earnings, TOKEN6900 leans into irony and the collective enthusiasm of its community.

It’s less about intrinsic value and more about embracing the unpredictable energy of the crypto world, making it a fascinating experiment in the space.

Current Presale Stats

  • Current Price: $0.00645
  • Amount Raised So Far: $152K
  • Ticker: TOKEN6900
  • Hard Cap: $5 million
  • End Price: $0.007125

To join the TOKEN6900 presale, you need to buy the token using crypto or a credit card. The official site recommends using Best Wallet for a smoother, smarter purchase experience.

Keep an eye on the presale price because it’s set to change within the next 24 hours, so acting fast could pay off!

Share:

Related Articles

Ripple Mints 16M RLUSD, Is XRP About to Take Off?

By July 4th, 2025

Backed by AMINA Bank and with over $440 million in circulation, RLUSD is becoming a serious player in the stablecoin industry.

US SEC Halts Full Launch of Grayscale Digital Large Cap Fund

By July 3rd, 2025

US SEC has paused the launch process for the Grayscale Digital Large Cap fund, which contains Solana, XRP, Cardano, Bitcoin, and Ethereum.

US Banking License: Ripple’s Power Move & XRP Price Catalyst?

By July 3rd, 2025

Ripple Labs is applying for a US banking license — a move that could fundamentally reshape the crypto-banking landscape.

Exit mobile version