Ripple Unlocks 500 Million XRP from Escrow

According to NS3.AI, Whale Alert has reported that Ripple has unlocked 500 million XRP from escrow. This release is part of Ripple's scheduled monthly escrow release, which is designed to provide liquidity to the market while maintaining a level of control over the total supply of XRP. The unlocking of XRP from escrow is a regular occurrence, aimed at ensuring a steady flow of the cryptocurrency into the market. Ripple's escrow system is intended to manage the supply of XRP and prevent market flooding, thereby stabilizing its value.