Ripple’s 1B XRP Unlock Comes Late Again – The Saga Continues!

by

Ripple’s 1B XRP Unlock Comes Late Again – The Saga Continues!

Ah, Ripple – that venerable enterprise blockchain company, ever the unpredictable rogue in the grand ballet of cryptocurrencies. Once steadfast, always punctual—at least, that was the story until recently. Now, it seems, the company prefers the thrill of suspense, delaying the monthly unveiling of a billion tokens from their ever-charming escrow accounts.

This ritual, a fixture since late 2017, has long been a sort of cryptographic clockwork—until March, when Ripple decided to shake things up. Instead of unlocking fresh tokens, they resorted to creating new escrows from the vast, mysterious coffers of XRP holdings—certainly an innovative approach to procrastination, if nothing else. A true masterclass in suspense! 😅

Following this masterstroke, April and May continued the trend—delaying, delaying, always delaying! Imagine the thrill of awaiting a billion tokens, only for them to arrive fashionably late, as if participating in some exclusive crypto soirée.

And to add to the drama, on June 1st—coinciding with XRP’s 13th anniversary—only 670 million tokens found their way into escrow. One might think a birthday bash would prompt a more generous gift, but alas, XRP prefers to keep us all in suspense.

Meanwhile, Ripple has decided to mute its monthly XRP reports, opting instead for occasional social media snippets and blog musings. Because nothing says transparency like sporadic updates on a platform as unpredictable as crypto markets. 💼😉

In its latest quarterly report, Ripple revealed a treasure trove of 4.5 billion XRP tokens, with an additional 37.1 billion lurking in escrow wallets as of March 31. Clearly, the company has no shortage of digital assets—just a penchant for theatrical delays and cryptic communication.

Ripple Logo

Read More

2025-06-05 11:01