Ripple executed its scheduled August escrow release, unlocking 1 billion XRP valued at around $1.08 billion in three transactions. This release is part of Ripple's monthly supply management program initiated in 2017, where up to 1 billion XRP is unlocked each month, though most tokens are typically returned to escrow. After the release, XRP's circulating supply is about 62.5 billion, with over 32 billion still locked. The market showed little reaction, with XRP trading near $1.05, as the release is anticipated and largely priced in. XRP's price movement will likely depend more on broader crypto trends and macroeconomic factors than on the escrow release itself.
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 us...
The U.S. Senate may soon hold a procedural vote on the CLARITY Act, a bill aimed at providing clear regulatory guidelines for cryptocurrencies. This development is significant for XRP, which has faced regulatory uncertainty in the U.S. despite Ripple...
Japan's Finance Minister Satsuki Katayama and the US Treasury are actively coordinating interventions to slow the yen's decline, which has reached a 40-year low near 160-162 per dollar. Japan has spent about $63.5 billion on past yen interventions an...
On July 31, the XRP Ledger faced a strain on its peer-to-peer infrastructure due to a flood of validator manifests, which are data packets connecting validator identities to signing keys. Despite this, the network continued processing transactions an...
XRP's price hovered near the crucial $1 support level throughout July, closing the month with a 2.18% gain. As August begins, bears are testing this support zone, with XRP currently trading around $1.06 and facing resistance at $1.21 and $1.80. Impor...
