#CreatorPad Happycoin.club - Tomorrow, August 1, the company Ripple will likely unlock 1 billion XRP tokens from the escrow account as part of the standard monthly release procedure.

Currently, the token is trading at $3.16, its market capitalization is $187.4 billion, and approximately 59.23 billion XRP are in circulation (out of a maximum supply of 100 billion).

The price of XRP has retraced from a monthly high of around $3.66 reached at the end of July. The decline appears to be associated with profit-taking by short-term traders and the exit of speculators. During the same period, Bitcoin and Ethereum lost only 0.5% and 0.4%, respectively, making XRP's retracement more pronounced in relative terms.

On July 30, the trading volume of XRP slightly decreased compared to previous peaks, with analysts noting increased activity from whales — over 70 million XRP were transferred from inactive wallets, indicating accumulation by large holders.

The upcoming release on August 1 is part of Ripple's monthly escrow program, in which up to 1 billion XRP is unlocked each month.

According to Ripple's statistics, 60–70% is returned, leaving a small portion to support operations and maintain liquidity.