Ripple has released 1 billion XRP tokens from its escrow accounts this month, marking the continuation of a distribution mechanism that has been in place since 2017.
Although the total value of this latest release exceeds $2.18 billion, only 330 million XRP have entered circulation.
The remainder—670 million tokens—were locked back into escrow in an effort to maintain price stability.
While XRP dropped 2% following the move, data shows the actual market impact may be more muted than the headline figure suggests.
Ripple’s XRP unlock mechanism explained
Ripple follows a structured approach to managing the supply of its native token, XRP.
Each month, the company releases 1 billion tokens from escrow across a series of pre-programmed transactions.
This month’s transactions were recorded by Whale Alert on 1 June 2025 and took place in three batches: 400 million XRP, 500 million XRP, and 100 million XRP were transferred into Ripple-controlled wallets.