Ripple Labs has unlocked another 1 billion XRP from the escrow account on May 1, 2026.
The blockchain payment company received tokens valued at approximately $1.37 billion on Friday, according to on-chain data analysis shared by Whale Alert. Notably, the company unlocked its latest monthly tranche of XRP in four transactions.
Unlocked XRP from Rippleβs escrow. Source: Whale AlertThe largest single unlock was 400 million tokens valued at about $547 million. The other transactions involved 100 million, 300 million, and 200 million unlocks. Following the unlock, Rippleβs escrow account held about 33.35 billion tokens, which is valued at about $45.69 billion at press time, based on on-chain metrics from XRPSCAN.
Meanwhile, the company could relock 700 million XRP in the escrow account, as it has done over the past several months, as Finbold pointed out. The remaining 300 million tokens, currently worth around $411 million, could be deposited into crypto exchanges or over-the-counter (OTC) desks for potential liquidation.
Furthemore, Ripple uses the altcoinβs sales to build its payment products, which helps drive mainstream adoption of the XRP Ledger (XRPL). As Finbold previously reported, XRPL transactions are dominated by payments, especially cross-border settlements.
Whatβs the expected impact of Ripple unlock on XRP price?
The latest 1 billion unlock of XRP from Rippleβs escrow has coincided with renewed selling pressure from whales, as Finbold highlighted. As such, the expected dilution of the tokenβs circulating supply, which stands at approximately 61.68 billion, could further exacerbate the tokenβs near-term bearish sentiment.
XRP/USD 7-day chart. Source: FinboldOver the past seven days, the XRP price has dropped by over 4%, currently trading at about $1.37. Consequently, the tokenβs market capitalization fell to nearly $85 billion at the time of publication.
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