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Ripple unlocks 1 billion XRP but locks 700 million back, hinting at a possible August price floor.

Market News
02 Aug 2026
UToday
View Source
Bullish
pluang ai news

Ripple executed its monthly XRP escrow routine on August 1, 2026, releasing 1 billion XRP in three parts but simultaneously locking 700 million XRP back into escrow. This move reduced the fresh XRP supply to 300 million, potentially preventing the usual August price drop that has historically affected XRP holders for 13 years. The XRP price found support around $1.0480 and showed positive returns in early August, suggesting a possible new price floor and a break from the typical seasonal decline. This strategy may reassure investors by limiting token supply during a month known for price weakness.

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