XRP price steadies as November escrow unlock puts supply in focus
Published on 11/02/2026 at 18:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSupply and Support in Focus
- XRP traded at $1.2507 on Investing.com, with a market capitalization of $79.03 billion and 24-hour volume of $1.30 billion.
- Ripple released 1 billion XRP from escrow on November 1, while tracked exchange balances fell by 133 million tokens in the preceding week.
- A technical XRP Ledger amendment could activate on November 4 if validator support remains above 80 percent.
The XRP price remained close to $1.25 as investors assessed Ripple's latest escrow release and a pending XRP Ledger technical amendment. Investing.com displayed XRP at $1.2507, with a market capitalization of $79.03 billion, 24-hour volume of $1.30 billion and a market rank of five. The figures were shown on the Investing.com XRP market page.
Escrow release does not equal selling
Ripple released 1 billion XRP from two escrow contracts at 00:00 UTC on November 1, with each transaction involving 500 million tokens. PrimeXBT, citing Whale Alert and XRPScan data, reported the release and said the XRP Ledger's locked balance declined from approximately 31.4 billion to 30.4 billion tokens. The PrimeXBT report also noted that previous releases were partly returned to escrow, meaning an unlock does not automatically represent an equivalent increase in market supply.
Separately, Coinpaper reported that publicly attributed exchange wallets held 22.48 billion XRP at the end of October, down from approximately 22.61 billion a week earlier. The 133 million-token decline included custody addresses and therefore does not by itself prove that investors withdrew XRP for long-term holding or that selling pressure had eased, the Coinpaper analysis said.
Ledger amendment nears decision
The XRP Ledger's fixCleanup3_4_0 amendment began a two-week activation window on October 21 and could activate as early as 2:46 PM UTC on November 4, according to the PrimeXBT report citing XRPScan. Validator support must remain above 80 percent; otherwise, the activation process restarts. The amendment is a technical cleanup rather than a new trading feature, so its direct effect on XRP demand is not established.
Investor context
Investing.com listed 63.35 billion XRP in circulation against a maximum supply of 100 billion. Its displayed performance data showed XRP down 4.5077 percent over seven days, 15.7898 percent over one month and 32.0974 percent year to date. CoinGecko's historical table showed a November 1 UTC close of $1.25, providing the relevant prior-day context without implying a completed November 2 daily return. For the XRP price, the near-term focus is therefore the interaction between supply movements, the conditional Ledger upgrade and broader crypto-market demand rather than the escrow release alone.
More XRP developments are collected on the XRP topic page.
