XRP commentator Bill Morgan urged Ripple to release more of its monthly 1 billion XRP escrow unlock and re-lock a smaller portion, with 32.74 billion XRP still held in escrow. According to BeInCrypto, Morgan argues faster releases would improve supply transparency and help XRP reach full circulation sooner, potentially supporting institutional adoption.
Ripple unlocked 1 billion XRP on June 1 in three transactions valued at over $1.33 billion and later returned a substantial share to escrow. Ripple CTO Emeritus David Schwartz said timelines are hard to predict and has defended relocking as a voluntary step tied to business and institutional needs, while rejecting calls to burn escrowed XRP.
Bill Morgan Urges Ripple to Speed Up XRP Escrow Unlocks
2026-06-24 11:06:16
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