Ripple's monthly escrow cycle saw 1 billion <a class="ticker-mention" href="/en-US/token/xrp">XRP</a> unlocked and 700 million immediately relocked across multiple on-chain batches on the XRP Ledger, leaving a net 300 million tokens in circulation for operational use. The relock, valued at roughly $974 million at current prices, coincided with the close of the XRP Las Vegas 2026 conference — where XRP was positioned as a future global reserve currency — sparking a 2–4% price pop that outpaced a broadly flat altcoin market.
The rally has technical backing: XRP cleared the $1.39 breakout level and is holding above the 100-hourly simple moving average on an intact ascending trendline. The 7-day RSI sitting just under 40 leaves meaningful room before profit-taking typically kicks in, though volume dropped 25–32% into the resistance zone — a flag worth watching.
Adding a fresh demand catalyst, Ripple's RLUSD stablecoin simultaneously listed…
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