Ripple will release 1 billion XRP, worth $2.5 billion, from escrow on November 1 as part of its monthly schedule to manage liquidity. Most tokens typically return to escrow, so analysts expect minimal direct price impact. X discussions raised debate over how XRP’s market cap should be calculated, with 35 billion XRP locked in escrow. Ripple’s venture Evernorth plans to go public, raising over $1 billion, solidifying XRP’s institutional presence. XRP price saw strong activity in October, briefly breaking resistance at $2.63. The November 1 unlock is routine but crucial for Ripple’s liquidity management and institutional flows.

Read more at Yahoo Finance: Ripple to Unlock 1 Billion XRP From Escrow on November 1