Ripple Unlocks 1 Billion XRP Worth $1.25 Billion Ahead of November XRPL Upgrade
Ripple unlocked 1 billion XRP, worth $1.25 billion, on November 1, 2026, as part of its scheduled escrow release. The release coincides with preparations for a major XRP Ledger (XRPL) upgrade expected to enhance network functions. Ripple's escrow system manages XRP distribution, with unused tokens typically returned to escrow. Separately, the XRPL fixCleanup3_4_0 amendment could activate on November 4, 2026, if validator support remains above 80%.
How this was made

The 30-second read
Why it matters
The escrow release is a primary market‑moving event for XRP, while the protocol upgrade may influence longer‑term demand.
Market read
A $1.25 B XRP supply addition is a material catalyst for XRP price action and may affect related crypto assets.
What to watch
Potential demand from new RLUSD stablecoin listings on Coinbase and upcoming permissioned DEX features may absorb the added supply.
Background
Ripple’s escrow mechanism releases up to 1 B XRP monthly; this release coincides with a scheduled XRPL protocol amendment (fixCleanup3_4_0) expected on Nov 4.
Ticker impact
Ripple released 1 billion XRP from escrow, valued at about $1.25 billion on Nov 1 2026.
likely downward pressure as the market prices in the new supply
A $1.25 B supply addition is material for XRP; historically escrow releases have led to short‑term price dips, though network upgrades can provide upside support.
Market effects
Increases overall crypto market supply, may affect other XRP‑linked assets and DeFi protocols on XRPL.
Primarily impacts global crypto traders; no specific regional bias.
Significant for the broader digital asset market due to XRP’s liquidity and market cap.
Counterpoint
The upcoming XRPL amendment could boost network utility, offsetting supply pressure and driving price higher.
Key entities
- companyRipple
Issuer of XRP and operator of the escrow release.
- protocolXRPL
XRP Ledger undergoing a technical amendment.




