Ripple has kicked off its latest monthly token unlock, releasing a fresh batch of XRP from escrow. This April, the blockchain giant is set to distribute 1 billion XRP, with the first 500 million already hitting the market.
First Wave of XRP Released
On April 1, Ripple executed its scheduled token unlock, moving 500 million XRP from its escrow wallet to a company-controlled account, as confirmed by on-chain data from XRPScan. This marks the beginning of the month’s phased release, with another 500 million XRP expected to follow in the coming weeks.
Ripple’s escrow system, originally designed to control the supply of XRP, was established when the company locked away 55 billion tokens. Since then, it has been releasing 1 billion XRP monthly, with some of the unlocked supply being used for operational expenses, ecosystem expansion, and market liquidity support. Any unused portion is returned to escrow for future distribution.
Tracking Recent Unlocks
Ripple’s escrow releases follow a consistent pattern. Here’s a look at recent transactions:
February 1, 2025: 1 billion XRP was unlocked, valued at approximately $3.10 billion. The tokens came from Ripple wallets (26) and (27), with 400 million XRP and 100 million XRP released from Ripple (26), while 500 million XRP were drawn from Ripple (27).
March 3, 2025: Another 1 billion XRP was released in three separate transactions, continuing Ripple’s systematic distribution approach.
April 1, 2025: The first 500 million XRP of this month’s allocation has already been unlocked, with the remainder expected in the coming days.
Impact on XRP’s Price
XRP unlock events often introduce market volatility, as new supply enters circulation. However, despite the latest release, XRP has maintained stability, mirroring the broader crypto market’s trends.
As of press time, XRP is trading at $2.16, reflecting a 5% gain in the past 24 hours. However, the token remains 11% down over the past week, suggesting mixed market sentiment.
From a technical perspective:
XRP is currently trading below its 50-day Simple Moving Average (SMA) of $2.38, signaling short-term bearish pressure.
The long-term outlook remains positive, with the 200-day SMA positioned at $1.76.
What’s Next for XRP?
With another 500 million XRP set to be released, traders and investors will be closely watching price action for signs of increased volatility. Historically, Ripple’s token unlocks have had varying effects on XRP’s price, depending on market conditions and demand.
Will this latest release impact XRP’s upward trajectory, or will the market absorb the new supply without major price swings? Stay tuned as the month unfolds!$XRP
