Ripple Labs is scheduled to unlock 1 billion XRP on or shortly after June 1, 2025. With this massive unlocking of XRP, the company will put over $2.3 billion in tokens into circulation. The operation follows the monthly schedule for the release of XRP tokens and may impact the price of XRP in the market.
Despite the increased supply, analysts indicate that the impact may be limited and temporary. This is because Ripple usually quickly reallocates most of the unlocked tokens into new custody cycles. Thus, the company typically uses only 30% to 40% of the volume to finance network activities.
In 2025, the risks related to the unlocking of XRP decreased, as Ripple changed its strategy. Now, the company behind the fourth largest crypto asset by market value reintroduces the tokens into custody before the next unlock. This procedure has been consistently adopted in recent months.
However, the month of June may present above-average volatility. In June 2024, Ripple conducted one of the largest XRP sales, liquidating 400 million units. The result was high volatility, with variations of about 20% in the token price, between approximately $0.47 and $0.52.
Ripple promotes unlocking of XRP
Another relevant factor is that the SEC (U.S. Securities and Exchange Commission) has until June 17 to decide on the approval of XRP ETFs. This decision occurs in a context of tensions with Ripple, following the rejection of a court settlement between the parties. The combination of the unlocking of XRP tokens and the SEC's decision on the XRP ETF may generate strong fluctuations in the market.