Ripple will unlock 1 billion XRP tomorrow 

Ripple is scheduled to unlock 1 billion XRP tokens from escrow tomorrow, August 1, as part of its standard monthly release process.

The token is currently trading at $3.17, with a market capitalization of $187.72 billion, and approximately 59.23 billion XRP in circulation (out of a 100 billion max supply).

XRP price and volume movements

XRP’s price has retracted from a monthly high of around $3.66 in late July, moving back to its present level of $3.17. The drop appears to reflect profit-taking and short-term speculator exits, rather than fundamental weakness; other major assets like Bitcoin and Ethereum declined by only 2–3% over the same timeframe, making XRP’s retracement more pronounced in relative terms.

On July 30, XRP trading volume slipped modestly compared to earlier peaks, while analysts noted heightened whale activity, with more than 70 million XRP moving from dormant wallets, signaling accumulation from large holders.

Ripple unlock mechanics

The forthcoming August 1 release is part of Ripple’s monthly escrow program, under which up to 1 billion XRP is unlocked each month.

Historically, Ripple re-locks 60–70% shortly after release, leaving only a small portion to support operations or liquidity, including tokenization programs and exchange infrastructure. That means the actual influx into circulating supply typically ranges around 300–400 million XRP, not 1 billion full tokens.

Market sentiment suggests that recent unlocks have not historically triggered lasting price pressure when handled transparently and predictably. Selling behavior, not token unlock events is the real driver of volatility.