On June 1, 2026, Ripple Labs released 1 billion XRP tokens from its escrow account in three transactions, including a 500 million XRP transfer worth about $640 million. This monthly unlock is used by Ripple to fund its cross-border payment products, which rely on XRP for growth and adoption. Despite this unlock, Ripple has relocked 3.5 billion tokens earlier this year and may relock 700 million more from June's release, keeping the escrow balance at around 33 billion XRP. The impact on XRP's market value depends on whether Ripple sells tokens OTC or on exchanges, with large exchange deposits potentially increasing selling pressure.
XRP broke a multi-month downtrend and surged to $1.12 following cooler-than-expected US Producer Price Index (PPI) data, which showed a 0.3% monthly decline and eased fears of tighter Federal Reserve policy. This led to a significant short squeeze wi...
XRP is showing a bullish falling wedge pattern, indicating weakening bearish momentum and a possible trend reversal. On-chain data supports this positive outlook, with more investors moving XRP to self-custody wallets, reducing sell pressure. XRP dom...
The Depository Trust & Clearing Corporation (DTCC) has officially started live production trading of tokenized Russell 1000 equities, major ETFs, and U.S. Treasuries, marking a major step for blockchain in institutional finance. This launch uses bloc...
Binance announced an $800,000 XRP airdrop with strict eligibility rules including full KYC verification and regional bans for residents of Canada, Japan, Iran, North Korea, and much of Europe due to regulatory compliance. Participants must hold at le...
XRP's price rose to around $1.11 on July 15, recovering from $1.07 with a 3.8% gain over 24 hours. Despite this rebound, analysts highlight $1.12 as a crucial resistance level that XRP must surpass to confirm a stronger recovery. Failure to hold abov...
