Ripple is set to release 1 billion XRP tokens from its escrow accounts tomorrow, continuing its monthly program initiated in 2017 to manage supply centralization concerns. The system, which originally locked 55 billion XRP, releases 1 billion tokens each month, with unused portions typically returned to escrow. Recent data indicates that large holders have acquired nearly 900 million XRP in anticipation of the release, potentially front-running retail investors' concerns.
In parallel, the XRP Ledger's EVM sidechain is gaining traction, with its total value locked (TVL) surpassing $105 million, highlighting growing interest and activity on the network.
Ripple to Release 1 Billion XRP Tokens from Escrow
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