Ripple Unlocks 1B XRP in August Escrow Release as Price Defends $1 .05 Support 🔓🏛️ The Supply Event: Ripple executed its scheduled monthly escrow unlock on August 2, releasing 1 billion $XRP tokens across three transactions totaling roughly $1.08 billion ($532.8M, $319.6M, and $213.1M). The Relock Mechanics: Introduced in December 2017 to bring predictable transparency to token supply, the escrow program releases up to 1 billion Ripple on the first of every month. However, market impact remains negligible due to Ripple's established routine: The Net Addition: Historically throughout 2026, Ripple re-locks approximately 700 million $XRP back into new escrow contracts, leaving a net operational addition of only ~300 million Ripple for liquidity, partnerships, and ecosystem development. Supply Totals: Circulating supply now stands near 62.5 billion tokens, with over 32 billion $XRP remaining secured in escrow. Market Reaction & Key Levels: Ripple absorbed the unlock without volatility, trading up 2% over 24 hours to $1.08. Price action remains in a tight consolidation range: Key Support: $1.05 – $1.06 (A critical demand floor that has repeatedly defended the trend). Key Resistance: $1.09 (20-day EMA), followed by $1.10 and $1.12 – $1.15. My market view: Because monthly escrow unlocks are fully public and priced in, Ripple price movement will continue to track broader Bitcoin market sentiment and global macro conditions rather than routine supply releases. Defending $1.05 remains the primary objective for bulls. ⚙️🔮 #Altcoin Season# #Ripple #Ad #XRP