XRP Set to Unlock 1 Billion Tokens on Nov 1 as ETF Approval Buzz Builds

2025-10-25 00:33
Blockmedia
Blockmedia
XRP Set to Unlock 1 Billion Tokens on Nov 1 as ETF Approval Buzz Builds

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Ripple’s Upcoming Token Release and Strategic Market Developments

Ripple is set to unlock 1 billion XRP from escrow on November 1 as part of its standardized monthly token release cycle. This event aligns closely with significant market and regulatory milestones for XRP, positioning it as a focal point for the cryptocurrency community. At the current market price of $2.48 per XRP, the unlocked tokens will have an aggregate value of approximately $2.48 billion, or 3.57 trillion South Korean won.

XRP Token Unlock: Timing and Market Implications

The timing of the token unlock coincides with key decision points for regulators. The U.S. Securities and Exchange Commission (SEC) faces impending deadlines in late October and early November regarding multiple proposals for XRP-based Exchange-Traded Funds (ETFs). Notably, the Grayscale XRP ETF application is expected to be reviewed by October 29. Analysts project that expedited federal approvals could spark institutional capital flows toward XRP, paralleling patterns observed during ETF approvals for Bitcoin (BTC) and Ethereum (ETH).

XRP’s established legal clarity as a non-security strengthens its position as ETF rulings approach. Market experts believe these decisions could catalyze structural demand for XRP in the crypto-financial landscape. Additional demand arising from ETF adoption may help counteract selling pressure from the influx of newly unlocked tokens, stabilizing short-term market dynamics.

Chris Larsen’s 50 Million XRP Transfer: Strategic Intent or Controversy?

Ripple co-founder Chris Larsen has recently made waves by transferring 50 million XRP, worth approximately $120 million (KRW 172.5 billion), to Evernode Holdings. Evernode, backed by Ripple executives, is on a mission to become the largest XRP-focused corporation worldwide. The firm plans to establish an XRP treasury exceeding $1 billion in assets and aims to go public on Nasdaq under the ticker XRPN by early 2026.

Evernode’s ambitious blueprint envisions XRP as the foundation for bridging conventional financial markets with decentralized finance (DeFi). Through this strategy, the firm seeks to redefine the role of XRP as essential infrastructure for future financial innovation.

Community reactions to Larsen’s large-scale transfer have been decidedly mixed. Detractors within the XRP community have pointed to Ripple insiders’ cumulative sales totaling $764 million (KRW 1.09 trillion) since 2018, viewing the latest transaction as yet another substantial cash-out. On the other hand, supporters applaud the move as a forward-looking initiative designed to bolster platform development and scale global market opportunities for XRP.

XRP Market Response: Stability Amid Flux

Despite the dual impact of Larsen’s transfer and Ripple’s impending token unlock, XRP’s price evolution has demonstrated resilience. Following Larsen’s transaction, XRP briefly dipped from $2.54 to $2.36 before recovering to $2.48—the current level. This mild but steady rebound signals market stability as stakeholders track these transformative moments for Ripple and XRP.

Long-Term Outlook: Building Momentum Through Milestones

Ripple’s activities this November, including the token unlock and potential ETF approvals, carry substantial implications for the asset’s trajectory. As financial institutions and investors evaluate these developments, XRP continues to shape its role in bridging decentralized and traditional financial systems.

Stakeholders, from retail investors to institutional players, remain vigilant in observing the ripple effects of regulatory decisions, corporate strategies, and ecosystem innovations. With legal clarity as a non-security and emerging structural drivers like ETFs, XRP is poised to carve out a deeper foothold in the evolving crypto landscape.

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