Ripple has locked 700 million XRP worth approximately $945.23 million back into escrow after executing its monthly release of 1 billion XRP, valued at roughly $1.34 billion.
The April cycle began with two large transactions, each releasing 500,000,000 XRP, or about $669.9 million, from Ripple-controlled accounts. Both transactions were validated on April 1, 2026 on the XRP Ledger, with one tied to escrow sequence 37 and the other to escrow sequence 13, according to ledger records.
In both cases, the escrow source and destination were Ripple-linked addresses, confirming these were internal treasury movements rather than third-party transfers.
700 million XRP returned to escrow via new contracts
Shortly afterward, Ripple moved to re-lock a substantial portion of the released tokens through two new EscrowCreate transactions.
The first, recorded on XRPSCAN, shows 500,000,000 XRP being placed back into escrow. The transaction was validated in ledger 103,269,532, carried transaction sequence 61, and incurred a fee of 0.0005 XRP.
Both the sending and receiving accounts were listed as Ripple (14), with the signing method marked as multi-signature with four signers. The escrow was set with a “Finish after” date of January 1, 2029, meaning the funds are locked for nearly three years.
The second re-locking transaction, executed between Ripple (15) accounts, placed another 200,000,000 XRP into escrow. Based on the XRP price provided, that tranche was worth approximately $269.89 million.
Ripple XRP 2026 escrow unlock
Taken together, the two transactions locked 700,000,000 XRP back into time-based contracts. This includes a 500 million XRP tranche worth $675.34 million and a 200 million XRP tranche worth $269.89 million.
That leaves roughly 300 million XRP, or around $402 million at the referenced price, outside escrow from the original 1 billion XRP release.
This outcome remains consistent with Ripple’s long-standing treasury approach. The company typically unlocks up to 1 billion XRP each month and then returns a majority of those tokens to escrow.
Historically, between 60% and 80% of each monthly release is re-locked, with the remainder used for liquidity operations, partnerships, and ecosystem development. In this case, the re-lock rate stands at 70%, placing April’s activity firmly within that established range.
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