* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, September 9, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Monumental Sports & Entertainment Sets Corporate Direction at Nasdaq – PR Newswire

    Monumental Sports & Entertainment Reveals Bold New Corporate Vision at Nasdaq

    The Secret to What Made ‘CarJack’ Work on As the World Turns – yahoo.com

    The Surprising Secret Behind ‘CarJack’s’ Success on As the World Turns

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Pendulum Announce Homecoming 2026 Australian Tour – yahoo.com

    Pendulum Announces Thrilling Homecoming Tour Across Australia in 2026

    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Tri-Counties Bank marks 50 years of growth with focus on technology and personal service – thebusinessjournal.com

    Tri-Counties Bank Celebrates 50 Years of Growth Driven by Technology and Personal Service

    AI will reshape internet, create jobs in West Virginia says High Technology Foundation’s Estep – WV News

    How AI Is Set to Transform the Internet and Boost Job Growth in West Virginia

    Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

    Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

    Health Technology Ecosystem – Centers for Medicare & Medicaid Services | CMS (.gov)

    Discover the Future of Health Technology: Innovations Revolutionizing Patient Care

    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Monumental Sports & Entertainment Sets Corporate Direction at Nasdaq – PR Newswire

    Monumental Sports & Entertainment Reveals Bold New Corporate Vision at Nasdaq

    The Secret to What Made ‘CarJack’ Work on As the World Turns – yahoo.com

    The Surprising Secret Behind ‘CarJack’s’ Success on As the World Turns

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Pendulum Announce Homecoming 2026 Australian Tour – yahoo.com

    Pendulum Announces Thrilling Homecoming Tour Across Australia in 2026

    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Tri-Counties Bank marks 50 years of growth with focus on technology and personal service – thebusinessjournal.com

    Tri-Counties Bank Celebrates 50 Years of Growth Driven by Technology and Personal Service

    AI will reshape internet, create jobs in West Virginia says High Technology Foundation’s Estep – WV News

    How AI Is Set to Transform the Internet and Boost Job Growth in West Virginia

    Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

    Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

    Health Technology Ecosystem – Centers for Medicare & Medicaid Services | CMS (.gov)

    Discover the Future of Health Technology: Innovations Revolutionizing Patient Care

    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Crypto Unlocks to Reach $1.5 Billion in August Following the Recent $600 Million XRP Release

July 30, 2024
in Technology
Crypto Unlocks to Reach $1.5 Billion in August Following the Recent $600 Million XRP Release
Share on FacebookShare on Twitter

August could witness a substantial release of crypto tokens, amounting to almost $1.5 billion, with a significant portion coming from Ripple XRP.

On August 1, Ripple will unlock 1 billion XRP tokens, valued at around $609 million according to current market prices. Moreover, crypto projects Wormhole, Avalanche, and other protocols will release a substantial portion of their token supply in August. 

Crypto Token Unlocks in August After Ripple’s Release of XRP

Ripple’s 1 billion XRP release on August 1 is part of its long-standing strategy of unlocking XRP from escrow on the first day of each month. Ripple has upheld this practice since 2017 using their primary escrow wallets, Ripple (24) and Ripple (25).

Ripple’s regular token unlocks have been crucial to the XRP ecosystem. However, the company mitigates the impact on the circulating supply via a process known as re-escrow.

For instance, Ripple re-locked 800 million of the 1 billion unlocked tokens in June, opting to sell the remaining 300 million. At the time, this figure was worth $182 million.

This strategy helps manage the token’s supply and market impact, ensuring that the total unlocked amount doesn’t flood the market simultaneously.

In addition to XRP, other significant token unlocks will occur throughout August. Layer-1 network Avalanche and cross-chain bridging platform Wormhole will release tokens valued at $449 million.

Wormhole already plans to unlock 33.3% of its circulating supply on August 3, bringing the total to 600 million tokens worth $180.5 million. This follows Wormhole’s airdrop launch on April 4, which the crypto community had highly anticipated.

On the other hand, Avalanche has chosen August 20 to unlock 2.4% of its circulating supply, which consists of 9.4 million AVAX tokens with a market value of $268 million.

Other Unlocks Slated for August 1

Several other projects will release significant portions of their token supplies at the beginning of August. Sui, a layer-1 network, will unlock 64 million tokens, valued at $50 million, representing 2.56% of its circulating supply.

Also, dYdX, a decentralized exchange, has decided to give out approximately $11 million in crypto. This figure, which sums up to 8.33 million tokens, represents 3.65% of the DEX’s circulating supply. These tokens will go to staff, founders, investors, and future employees.

In addition, ZetaChain, another layer-1 network, will unlock 53.9 million tokens worth approximately $34.5 million, or 18.9% of its circulating supply. This unlock marks another major event for the network after its launch in February 2024.

Later in the month, the crypto gaming network ImmutableX will release 32.5 million IMX tokens, valued at $49 million.

Meanwhile, Sui’s rival, Aptos, will unlock $80 million of its native tokens on August 12. Web3 gaming platform The Sandbox will follow with an unlock of $69 million worth of its native tokens on August 14.

Ethereum layer-2 networks are also participating in the August unlocks. Starknet will release 64 million tokens worth $35 million on August 15, accounting for 4.4% of its circulating supply.

On the other hand, Arbitrum is ready to release 92.6 million tokens, worth $67 million, on August 16, representing 2.8% of its circulating supply.

These extensive token unlocks are poised to significantly influence the digital asset market dynamics, raising the need for more cautiousness when approaching crypto trades.

Disclaimer: The opinions expressed in this article do not constitute financial advice. We encourage readers to conduct their own research and determine their own risk tolerance before making any financial decisions. Cryptocurrency is a highly volatile, high-risk asset class.

The Tech Report - Editorial ProcessOur Editorial Process

The Tech Report editorial policy is centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written by real authors.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechReport – https://techreport.com/crypto-news/crypto-unlocks-to-reach-1-5-billion-in-august-following-the-recent-600-million-xrp-release/

Tags: CryptotechnologyUnlocks
Previous Post

Paris 2024 on Sportsnet: Olympic Morning

Next Post

Crypto Lawyer Urges Kamala Harris to Push Gary Gensler’s Resignation as Proof; But Why?

Fed rate cut optimism lifts stocks, as investors watch politics across continents – Reuters

Fed Rate Cut Hopes Boost Stocks Amid Global Political Watch

September 9, 2025
Pope Leo XIV: Caring for Creation is our vocation – Vatican News

Pope Leo XIV: Caring for Creation is our vocation – Vatican News

September 9, 2025
Ocean Sciences Meeting will convene in Glasgow Scotland, February 2026 – EurekAlert!

Get Ready for the Ocean Sciences Meeting Making Waves in Glasgow This February 2026!

September 9, 2025
The Christian Science Monitor | Grand Juries Usually Approve Indictments. In LA and DC, They’re Pushing Back. – Loyola Marymount University

Grand Juries Typically Approve Indictments-But in LA and DC, They’re Starting to Push Back

September 9, 2025
Lifestyle Communities Finalizes Ocean Grove Land Sale – TipRanks

Lifestyle Communities Finalizes Ocean Grove Land Sale – TipRanks

September 9, 2025
Tri-Counties Bank marks 50 years of growth with focus on technology and personal service – thebusinessjournal.com

Tri-Counties Bank Celebrates 50 Years of Growth Driven by Technology and Personal Service

September 9, 2025
Bears inform fans of plans to leave Soldier Field, finalize stadium in Arlington Heights for Super Bowl bid – CBS Sports

Bears inform fans of plans to leave Soldier Field, finalize stadium in Arlington Heights for Super Bowl bid – CBS Sports

September 9, 2025
Ten standout moments from World Cup pool stage – BBC

Ten Unforgettable Moments That Defined the World Cup Pool Stage

September 8, 2025
The supply and demand seesaw is sending mixed signals about the economy – MSN

The Supply and Demand Tug-of-War Is Sending Confusing Signals About the Economy

September 8, 2025
Why this San Antonio shopping center could be an entertainment hub – MySA

How This San Antonio Shopping Center Is Set to Become the Ultimate Entertainment Destination

September 8, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (814)
  • Economy (831)
  • Entertainment (21,708)
  • General (16,933)
  • Health (9,873)
  • Lifestyle (845)
  • News (22,149)
  • People (834)
  • Politics (839)
  • Science (16,041)
  • Sports (21,331)
  • Technology (15,812)
  • World (813)

Recent News

Fed rate cut optimism lifts stocks, as investors watch politics across continents – Reuters

Fed Rate Cut Hopes Boost Stocks Amid Global Political Watch

September 9, 2025
Pope Leo XIV: Caring for Creation is our vocation – Vatican News

Pope Leo XIV: Caring for Creation is our vocation – Vatican News

September 9, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version