Ripple Completes 700M XRP Escrow Lock for April

TLDR

• Ripple re-locked 700 million XRP into its escrow account on April 1, 2026.
• The company returned the tokens in two transactions of 500 million and 200 million XRP.
• Ripple retained 300 million XRP, increasing the circulating supply.
• On-chain data showed 33.344 billion XRP remained in escrow after the update.
• XRP price fell by more than 4% and traded near $1.30 at press time.

Ripple Labs has re-locked 700 million XRP into its escrow account for April 2026. The company executed the move in two transactions on April 1. The action followed the scheduled release of 1 billion tokens from escrow.

XRP Escrow Update Expands Circulating Supply

Ripple returned 500 million XRP and later 200 million XRP to the XRP escrow account. The company locked the tokens in two separate transactions on April 1. The re-locked amount totaled about $945 million based on market prices.

However, Ripple kept 300 million XRP in circulation after the escrow process. The retained tokens carried a market value of about $384 million on April 2. As a result, the circulating supply increased by that amount.

On-chain data from XRPSCAN showed about 33.344 billion XRP remained in escrow at press time. The data also showed a net circulating supply of roughly 66.626 billion tokens. These figures reflected the updated balances after the April transactions.

Ripple has followed a similar release pattern since the start of 2026. The company released 900 million XRP during the first quarter. It then applied the same structured release and lock approach in April.

The monthly escrow schedule forms part of Ripple’s treasury management system. The company releases 1 billion XRP each month under the preset plan. It then decides how much to return to escrow based on internal needs.

XRP Price Reaction and Executive Response

The market reacted as the XRP price declined over the past 24 hours. The token fell by more than 4% and traded near $1.30. Trading data reflected the movement at the time of publication.

Ripple has defended its monthly sales strategy in public statements. The company has said the escrow system supports operational funding. It has also linked token sales to ecosystem growth.

David Schwartz, a founding member of the XRP Ledger, addressed the model on Thursday. He said, “Ripple’s close relationship with the XRP Ledger will be mutually beneficial.” He added that the structure may not guarantee profits for every company using Ripple’s products.

Schwartz also explained Ripple’s reliance on escrow sales. He stated that the company depends on monthly token sales to remain profitable. His remarks came as discussions continued around escrow releases.

Ripple has maintained that the escrow design ensures predictability in token supply. The company continues to publish updates tied to each monthly release. XRP traded at around $1.30, down over 4% in 24 hours at press time.

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