#What impact will the Solana ETF application have? The Expected Day is Coming for Ripple: 1 Billion XRP Will Be Unlocked
Ripple, the developer of XRP, will unlock hundreds of millions of dollars worth of XRP at the beginning of July.
Ripple will release 1 billion tokens on July 1, worth approximately $470 million. This transaction, which is part of Ripple's monthly sales, may affect the price of XRP in the coming weeks.
Doing it regularly
Since 2017, Ripple has been unlocking 1 billion tokens on the first day of each month. According to XRPScan, the company has been managing these transactions
