Ripple's 1 billion XRP unlock from the October 1 escrow release remains idle in two company wallets 26 days later. Ledger checks cited on October 27 show that neither address has sent a single payment since the drop, while another 1 billion XRP is scheduled to become releasable on November 1 under Ripple's monthly escrow plan. The timing is notable for XRP readers, arriving as Ripple's Swell 2026 conference opens in New York.

October Unlock Still Parked in Labeled Wallets

Four escrow contracts released a combined 1 billion XRP on October 1. The tokens flowed into two addresses that XRPScan labels Ripple 10 and Ripple 11, receiving 500 million XRP each. A Yahoo Finance market note tracked the wallets, and subsequent ledger checks confirmed that both still hold their balances with no outbound payments. The funds have stayed put for the full 26-day stretch.

The quiet stretch matters because monthly escrow releases shape how traders assess XRP supply. Ripple placed 55 billion XRP into time-locked on-ledger escrow in December 2017, establishing the monthly schedule under which up to 1 billion XRP can become spendable at the start of each month. Tokens that leave escrow are not required to reach exchanges or public markets — Ripple can retain freed XRP in company accounts or move portions later. In this case, the labeled wallets show no outbound payments from either address. Because escrow is enforced at the protocol level, both the releases and the idle balances are publicly auditable through explorers such as XRPScan.

On a separate track, XRP Insights' escrow tracker logged 700 million XRP returned to new escrow contracts on October 1. Those transactions used different accounts and set release dates extending into 2029. The idle wallet balances are therefore distinct from Ripple's broader escrow recycling: both tracks fall within the October cycle, but they measure different account flows.

Another 1 Billion XRP Becomes Releasable on November 1

Ripple's next scheduled escrow date is Sunday, November 1, when another 1 billion XRP can leave. XRP Insights shows two Ripple-owned escrow contracts reaching their earliest end time at 00:00 UTC, each holding 500 million XRP in line with the firm's monthly pattern. The open question is whether Ripple will retain or move the newly freed tokens.

Under the XRP Ledger's EscrowFinish rules, an escrow requires a successful EscrowFinish transaction before tokens reach their destination wallet. Reaching the scheduled time does not automatically send XRP into the market. Once finished, Ripple can keep the tokens, transfer them, or open new escrow contracts, and how much reaches other wallets depends on those subsequent moves.

History shows Ripple often returns large shares of monthly releases to escrow. XRP Insights records 12 billion XRP freed across the prior 12 cycles, of which 8.4 billion XRP was placed back into escrow — roughly 70% of the freed tokens, leaving 3.6 billion XRP outside those contracts on a net basis. Past cycles do not lock in how November's release will unfold. As with October, the outcome will be visible on the ledger itself: whether the two labeled wallets record their first outbound payments, and how much of the newly released amount returns to escrow.

Swell 2026 Puts Ripple Holdings Back in View

Ripple's Swell 2026 event opened in New York on October 27 and runs through October 29, bringing together banks, developers, and digital-asset firms to discuss on-chain finance, payments, and tokenized funds on the XRP Ledger. This year's edition merges Swell with Apex, Ripple's developer conference, for the first time.