Ripple has unlocked 1 billion XRP tokens from escrow as part of its monthly distribution plan. This scheduled release was reported by Whale Alert, a platform that monitors significant cryptocurrency transactions, which tracked two major XRP transfers this week.
On March 1, 2025, Ripple transferred 500 million XRP, valued at approximately $1.09 billion, followed by another 500 million XRP, worth $1.4 billion, on March 3, 2025. These transactions are part of Ripple’s ongoing strategy to gradually release tokens from escrow and manage XRP’s market circulation.
Following the announcement of the release, XRP initially experienced a price surge. However, the cryptocurrency has since seen a decline of over 4%, now trading at $2.44. This drop was likely influenced by a $147.5 million transfer of XRP to Bithumb, a major South Korean exchange, where local traders hold significant sway over the asset’s price movements.
Ripple’s latest update indicates the company still holds more than 38 billion XRP tokens, with around 4.5 billion of those available for use. Critics, including entrepreneur Naval Ravikant, have raised concerns over U.S. taxpayer support for cryptocurrencies they consider only “decentralized in name.”
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