Ripple is set to release 1 billion XRP from escrow on November 1, 2025, as part of its ongoing monthly schedule. At the current price of $2.48, this tranche is valued at approximately $2.48 billion. This release aligns with significant XRP ETF deadlines, including a decision on Grayscale's filing by October 29. In related developments, Ripple co-founder Chris Larsen has transferred 50 million XRP, valued at about $120 million, to Evernorth Holdings. This firm, supported by Ripple executives, is preparing for a SPAC merger and aims to list on Nasdaq under the ticker XRPN by early 2026.