Ripple will release 1 billion XRP — worth about $2.5 billion at current prices — from escrow on November 1, 2025, as part of a regular monthly schedule.
The move follows Ripple's long-standing liquidation management mechanism, launched in 2017, to maintain a predictable Token supply.
XRP Supply and Market Impact
Each month, Ripple unlocks 1 billion XRP and typically re-locks 70–80% into new escrow. Only 200–300 million XRP are used for operational needs, institutional sales, or ecosystem support.
The process is fully verifiable on-chain and is designed to avoid sudden supply shocks. The upcoming unlock has attracted market attention because of XRP's recent price volatility .
In October 2025, XRP traded in the $2.30 to $2.68 range, supported by expectations of Ripple's institutional expansion and Evernorth's multi-billion dollar listing plans.
Despite the scale of the unlocking from escrow, analysts expect the direct impact on price to be negligible as the majority of Token are typically returned to escrow.
However, traders will be watching how much Ripple decides to re-lock this month as a signal of its liquidation and selling strategy heading into 2026.
A lower relock rate may indicate higher distribution or Capital raising plans.
XRP price chart for October 2025. Source: BeInCryptoCommunity Debate: Market Capital and Collateral Token
Discussions on X this week reignited the debate over how to calculate XRP 's market Capital .
Developer Vincent Van Code argues that the effective supply of XRP is inflated, with 35 billion XRP still locked in escrow. He compares this to lost or inactive coins in Bitcoin, arguing that Capital distorts real liquidation .
Former Ripple CTO David Schwartz clarified this distinction.
The exchange emphasized that XRP locked in escrow remains out of circulation until officially unlocked, although secondary rights to future unlocks can be sold — similar to a futures contract.
Ripple's Broader Q4 Momentum
The escrow discussion comes at a crucial time for Ripple. Ripple-backed company Evernorth announced plans to go public and Capital more than $1 billion, positioning itself as the largest institutional XRP treasury company .
Additionally, Japan’s gumi Inc. joined Ripple and SBI Group in the initiative, cementing XRP ’s growing presence in institutional finance.
In addition, XRP price in October 2025 also recorded strong technical developments, briefly surpassing resistance at $2.63 before correcting again amid wide fluctuations in the crypto market after the latest policy move of the US Federal Reserve.
For XRP holders, the November 1, 2025, unlock is routine but strategic. If Ripple sticks to its familiar re-locking pattern, price pressure could be minimal.
However, sentiment may depend on how Ripple manages liquidation post-unlock and whether institutional Capital flows from the Evernorth initiative begin to reflect in on-chain activity.
