Ripple CTO Confirms Monthly XRP Escrow Release Schedule
Ripple CTO David Schwartz has reaffirmed that XRP escrow releases occur on the first day of every month. The clarification addresses confusion after Whale Alert reported a 1 billion XRP unlock on August 9. Schwartz explained the escrow contract unlocks on schedule, but the XRP Ledger only logs releases when triggered by an on-chain transaction, causing apparent delays in visibility. He dismissed rumors of off-schedule tranches or plans to unlock the entire escrow balance of over 35.6 billion XRP at once. The market reaction was mild, with XRP trading around $3.20, down 2%, leaving traders confident in the predictable XRP escrow release cycle and stable crypto market outlook.
Neutral
The confirmation of a predictable monthly XRP escrow release removes uncertainty that could trigger volatility. The mild market reaction, with a 2% price dip, suggests traders already priced in the unlock schedule. In the short term, the clarification may stabilize XRP trading by eliminating rumor-driven fluctuations. Over the long term, a transparent, fixed escrow mechanism supports market confidence and price stability. Therefore, the news exerts a neutral impact on XRP’s price trajectory.