Overview
- Blockchain trackers recorded two EscrowFinish transactions on Sunday that released 500 million XRP each into Ripple-controlled wallets commonly labeled Ripple 10 and Ripple 11, with the moves valued at roughly $1.25 billion in total.
- Initial ledger checks found no corresponding EscrowCreate (re-lock) transactions for November, so the month's net increase in circulating supply is still unsettled pending further on-chain activity.
- Historically Ripple has returned about 700 million of each monthly 1 billion release to new escrow contracts, a pattern that would leave roughly 300 million XRP outside escrow if repeated.
- XRP’s market price held near $1.25 after the unlock and there is no verified evidence that the released tokens were moved to exchanges for immediate selling.
- Separately the XRP Ledger is voting on the fixCleanup3_4_0 amendment that could activate if validators exceed 80% support and would change features such as automated market makers, lending, escrow rules, NFTs, and permission delegation.