Ripple, the blockchain company behind the XRP, has released 1 billion XRP tokens from its escrow. The firm previously locked the coins in the escrow system to ensure the XRP ecosystem and market stability. Ripple’s Monthly Unlock Of 1 Billion XRP Tokens According to data from the on-chain analytics firm Whale Alert, Ripple Labs unlocked 1 billion XRP tokens on June 1, corresponding with its unlocking schedule. Whale Alert captured the three transactions that completed Ripple’s token unlock plans. Firstly, Ripple unlocked 300 million XRP tokens worth over $154.58 million in the current crypto market prices. The second transaction involved the
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Author: coinmaker