A massive XRP cache is set to be released by Ripple in the coming days, totaling one billion coins.

Ripple continues its monthly schedule by unlocking and relocking XRP, with 1 billion XRP scheduled to be released on June 1, 2026 in one of the most closely watched recurring supply events for the token. At XRP’s current price of around $1.36, the upcoming unlock would be worth approximately $1.36 billion, putting renewed focus on Ripple’s escrow strategy as the asset struggles to regain bullish momentum. XRP currently has a circulating supply of about 61.85 billion tokens out of a maximum supply of 100 billion XRP. However, while the headline figure is large enough to raise concerns among traders, the full 1 billion XRP unlock is unlikely to immediately enter the open market. Ripple’s escrow system was created in December 2017, when the company locked 55 billion XRP into time-based contracts on the XRP Ledger. The mechanism was designed to make XRP supply movements more predictable and reduce uncertainty around Ripple-controlled token releases. Under this structure, up to 1 billion XRP is scheduled to unlock on the first day of each month. That means the June 1 release is not an unexpected supply shock, but rather part of a transparent distribution schedule that market participants can track in advance. Still, the timing of the next Ripple XRP escrow unlock is important. XRP has been trading under pressure, and the asset’s inability to reclaim the $1.40 resistance level has left traders watching for any additional supply-side catalyst that could weigh on short-term price action. In this context, the key question is not whether 1 billion XRP will unlock. The key question is how much of that XRP Ripple will actually allow to remain liquid. Although 1 billion XRP is scheduled to be released from escrow on June 1, Ripple has historically re-locked a large portion of its monthly unlocks into new escrow contracts. In practice, the company has often returned between 600 million and 800 million XRP to escrow shortly after the monthly release. That typically leaves a net amount of around 200 million to 400 million XRP available outside escrow. At XRP’s current price of roughly $1.36, that would put the realistic net release between approximately $272 million and $544 million, depending on how much Ripple decides to re-lock. Featured image via Shutterstock