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XRP escrow releases net 300M tokens outside escrow before Nov 3 U.S. midterms

Protocol Fundamentals
03 Nov 2026, 04:59 WIB
Tokenpost
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Bullish
XRP escrow releases net 300M tokens outside escrow before Nov 3 U.S. midterms

Before the U.S. midterm elections on November 3, Ripple's latest escrow cycle resulted in a net 300 million XRP tokens outside escrow after releasing 1 billion XRP and placing 700 million XRP into new escrows. The releases occurred on October 31, and new escrows were established on November 1, with unlock dates set for June and July 2029. XRP's price rose about 282% from October 31 to November 30, spanning the election period, though the election's direct impact on price is unclear. The escrow plan allows monthly releases of up to 1 billion XRP, with unused tokens returned to the queue.

XRP trades at Rp22.676 on Pluang as of Nov 03, 2026 10:01 WIB, showing a slight 0.25% decline in one day. The market cap stands at Rp1.437,31 trillion with a 24-hour volume of Rp26,87 trillion. Buy orders dominate at 64%, and typical holding time is 73 days, reflecting steady investor interest despite recent escrow activity.

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