Ripple Unlocks 1 Billion XRP From Escrow Worth Over $1.33 Billion as Circulating Supply Reaches 61.85 Billion Tokens and Debate Over Remaining 38.15 Billion XRP Burn Continues
According to Whale Alert, Ripple unlocked 1 billion XRP tokens from escrow as part of its monthly unlock schedule. The current release has taken place in three different purchases, worth over $1.33 billion.
The biggest one was 500 million XRP valued at approximately $666.07 million. A total of 400 million XRP valued at nearly $532.86 million was released through the second transaction and 100 million XRP valued at approximately $133.21 million was released in the final transaction.
The release falls under Ripple’s long-standing escrow system that was established to provide a reliable production schedule of XRP each month. However, the entire 1 billion XRP per month is not put on the open market.
How Many XRP Tokens Are Left in Escrow?
XRP’s maximum supply is limited to 100 billion tokens. Based on Binance market data as of early June 2026, approximately 61.85 billion XRP are currently in circulation.
That means that the XRP locked in the escrow is approximately 38.15 billion XRP. But the exact date of the last XRP being locked into escrow is still not clear, as Ripple usually holds back a notable portion of its monthly-released XRP.
Typically, just a fraction of the unlocked tokens is moved to a wallet, while the balance is placed in escrow. This process takes time to continue as unused tokens get placed at the end of an escrow queue.
Could Ripple Burn Its Remaining XRP Escrow?
The community has long been debating if Ripple will burn its XRP that was staked in escrow. A burn would permanently remove tokens from supply, potentially reducing concerns about future selling pressure.
Earlier, Ripple’s Chief Technology Officer David Schwartz stated that Ripple will return the XRP it doesn’t anticipate to want or need back into escrow. He also said that Ripple could easily prevent locked tokens from ever coming into circulation if it wanted to.
Ripple CEO Brad Garlinghouse has also left the possibility open. Speaking about a potential escrow burn, he said, “I don’t rule anything out.”
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Would an XRP Burn Boost Price?
The downside to a large burn is that it doesn’t necessarily signal an increase in prices, Schwartz said, noting that “less supply does not necessarily mean higher prices. He mentioned the ‘burn’ of 55 billion XLM in 2019 by the Stellar Development Foundation, which eliminated half of the total supply.
However, Schwartz said that the price of Stellar didn’t see any notable fluctuation after the burn, even with the 50% reduction in supply. This implies XRP’s value could be more influenced by demand, liquidity, adoption, and market conditions than its reduction in supply.
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