XRP Price: Best August in Five Years, Record On-Chain Activity - What’s Next?

TLDR

• Ripple released 1 billion XRP worth ~$1.38 billion from escrow on September 1, 2026, with locked supply now at 31.28 billion tokens.
• XRP rallied 28.5% in August, its best August since 2021, hitting $1.70 before settling near $1.42.
• XRP Ledger payment volume spiked 521% in a single week in late August, driven by large institutional transfers.
• Spot XRP ETFs pulled in $153.55 million in August, with most inflows arriving in the final two weeks.
• RLUSD, Ripple’s stablecoin, crossed $2.32 billion in market cap, dominating stablecoin activity on XRPL.

Ripple unlocked 1 billion XRP on September 1, 2026. The price went up anyway.

RIPPLE ESCROW JUST UNLOCKED 1 BILLION $XRP. 💥✅

500M $XRP.
400M $XRP.
100M $XRP.

1,000,000,000 $XRP UNLOCKED. 🔓💥

The monthly escrow cycle is officially in motion. pic.twitter.com/92PxY1F0ys

- XRP Update (@XrpUdate) September 1, 2026

The monthly escrow release — once a source of fear for retail traders — has become a non-event. Three transactions of 500 million, 400 million, and 100 million XRP hit the market within minutes. The total was worth around $1.38 billion. XRP was trading at $1.38 when the tokens unlocked and sat at $1.42 five days later.

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