Ripple has once again postponed its monthly XRP escrow unlock, continuing a new trend that began in March. Traditionally, the company released 1 billion XRP tokens from escrow on the first day of each month a practice it maintained consistently since late 2017. However, Ripple began shifting away from this pattern earlier this year, opting for delayed releases instead.
The first deviation occurred in March when Ripple altered its process by creating new escrows using its existing XRP holdings instead of unlocking fresh tokens. This change marked a significant shift in how the company manages its token releases. Following this new strategy, Ripple delayed the scheduled escrow unlocks in both April and May.
670 Million XRP Locked on June 1
On June 1, Ripple locked 670 million XRP tokens in escrow. This action took place on the same day XRP celebrated its 13th anniversary, adding symbolic weight to the event. While the company did not release the full 1 billion tokens typically expected, it still proceeded with a partial action demonstrating a continued departure from its earlier routine.
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In another notable change, Ripple announced it would no longer publish monthly XRP market reports. Instead, the company plans to provide updates occasionally through blog posts and social media. This adjustment reflects Ripple’s evolving approach to transparency and communication with its community and stakeholders.
Ripple’s XRP Holdings and Escrow Status
As of March 31, Ripple held 4.5 billion XRP tokens, according to its most recent quarterly report. Additionally, 37.1 billion XRP remained secured in the company’s escrow accounts.
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These figures highlight Ripple’s continued control over a large portion of the token’s circulating supply, despite changes in its reporting and unlocking practices. Ripple has now delayed its 1 billion XRP escrow release for the third month in a row, signaling a clear shift from its previously rigid schedule.
With fewer updates and less predictability, Ripple’s new strategy could impact how investors and the broader crypto community view XRP’s supply dynamics moving forward.
