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Ripple Completes July Target Unlocking 1B XRP in Two Tranches
Ripple has successfully unlocked a total of 1 billion XRP tokens from its escrow account in July, completing the company’s planned release for the month. This achievement comes after Ripple executed the unlock in two separate tranches, adding another 500 million XRP on July 4. This strategic release strategy has garnered attention within the cryptocurrency market and raised questions about Ripple’s future plans for the management of its reserves. Ripple’s approach to unlocking its XRP escrow has evolved over the years. This July, the company opted for a split release of its 1 billion XRP, unlocking 500 million ... (full story)
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