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Unlocking Confirmed

After weeks of speculation, Ripple confirmed the unlocking of 1 billion XRP on August 9, ending rumors of a month without an unlock, which would have been unprecedented since 2017. This scheduled release has excited investors, reinforcing hopes for an XRP ETF and signaling major institutional movements ahead.

Ripple, historically faithful to monthly unlocks, has recently gained flexibility. The company now creates new escrows and releases tokens later in the month. This change reduces selling pressure and maintains liquidity, demonstrating that even established routines can evolve.

Ripple : Outlook and Consolidation

With approximately 35.6 billion XRP still locked in escrow, monthly unlocks will remain a key element of Ripple’s tokenomics for years to come. August’s unlock didn’t trigger an immediate rally, but it reassures holders about the supply management strategy, which is now more flexible based on market conditions.

Thanks to Whale Alert activity, increased legal clarity, and confidence in the company’s reserves, XRP’s price is consolidating on solid ground. A breakout above $3.40 could trigger a new bullish wave, while support between $3.14 and $3.20 remains crucial for maintaining positive sentiment.

In summary, this 1 billion XRP unlock confirms Ripple’s strategy, brings welcome flexibility, and fuels hope for an XRP ETF. This could precipitate major institutional movements in this rapidly expanding market.

How to Easily Buy XRP on Bitget ?

A breakout above $3.40 would trigger a new bullish wave and open the door to attractive opportunities. Here’s a simple guide to get XRP on Bitget right now :

  1. Create a Bitget account : Visit the official Bitget website or download the mobile app. Sign up with your email or phone number, then complete identity verification (KYC).
  2. Deposit funds : Log in and access the “Deposit” section. Add fiat currencies (EUR, USD, etc.) via bank card or SEPA transfer, or transfer cryptocurrencies.
  3. Buy the token : Head to the “Quick Buy” or “Spot Market” section. Select the XRP/USDT pair, indicate the desired amount, and confirm the purchase, with the option for limit orders.
Earn $10 on Bitget by buying XRP now !

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