Ripple is set to release 1 billion XRP from escrow on October 1 as part of its monthly schedule to manage the token's supply. This mechanism, established in 2017, allows Ripple to control the circulating supply by selling a portion of the released tokens and relocking the remainder. The release, significant due to its scale against the total 100 billion XRP supply, may impact short-term liquidity and price, contingent on market sentiment and the amount sold versus re-escrowed. This month's release coincides with potential regulatory developments, including the possible approval of a spot XRP ETF. Currently, XRP is trading at $2.87, below its 50-day simple moving average (SMA) of $3.01 but above the 200-day SMA of $2.56.