Ripple Unlocks 1 Billion XRP During 17% Price Plunge
San Francisco-based Ripple again released one billion XRP into circulation on Monday (02 Feb 2026), coinciding with a sharp 17% fall in XRP price as markets broadly tracked Bitcoin's downturn. The token's move came amid heightened volatility, with XRP following larger market sentiment rather than moving independently.
The release matters because injecting a large amount of supply during a steep sell-off can amplify downward pressure and reduce short-term liquidity. Traders and holders will be watching whether demand absorbs the extra tokens or whether renewed selling prolongs the correction. Longer-term price direction will likely hinge on bitcoin-led market trends, macro factors and whether Ripple's future distributions align better with demand.