Ripple’s performance soared in Q1 2025, what was the main factor?

Updated
May 7, 2025
Gambar Ripple’s performance soared in Q1 2025, what was the main factor?

Jakarta, Pintu News – Ripple started 2025 with significant achievements, especially in the performance of its digital currency, Ripple . The first quarter 2025 market report showed a nearly 50% increase in the value of XRP, which caught the attention of institutional investors.

This momentum was supported by the settlement of a legal case with the US Securities and Exchange Commission (SEC), which provided further legal clarity for the digital asset industry. In addition, the acquisition of Hidden Road for $1.25 billion was a strategic move to expand institutional access to Ripple Ledger (XRPL).

Check out the full analysis below!

Trade and Investment Volume

xrp spot exchange volume
Source: Ripple

XRP spot trading volumes recorded steady numbers in the first quarter of 2025, with average daily volumes reaching $3.2 billion on major exchanges. Peak trading occurred in late January and early February, with volumes reaching over $16 billion before declining in March.

Binance dominates with around 40% of the total volume, followed by Upbit and Coinbase. The increase in trading volume through fiat pairs indicates a growing interest in fiat trading, with USD pairs and USD stablecoins increasing from 25% in the fourth quarter of 2024 to 29% in the first quarter of 2025.

Also read: 5 Major Causes Allegedly Suppressing XRP Price, Crypto Analysts Reveal This!

On-Chain and DEX Activity

In contrast, on-chain activity on XRPL saw a significant decline. The report shows a 37.06% drop in the number of transactions on XRPL, from 167.7 million in the fourth quarter of 2024 to 105.5 million in the first quarter of 2025.

New wallet creation dropped by 40.28%, and the amount of XRP burned as transaction fees also decreased by 30.89%. Although trading volume on the decentralized exchange (DEX) fell by 16.94%, the growth of the newly launched stablecoin RLUSD helped prop up DEX volume.

Also read: Top 3 Reasons Why Binance Hasn’t Listed Pi Network Until Now!

Regulations and Their Impact on the Market

The settlement of the case with the SEC is considered a significant milestone for Ripple and the digital asset industry as a whole. The deal brings more clarity and will likely set the standard for future crypto-related regulations in the United States.

Moreover, with increased regulatory clarity, Ripple hopes to create more opportunities for the crypto ecosystem. The acquisition of Hidden Road is also expected to boost XRPL’s on-chain activities by expanding infrastructure and liquidity services for large-scale clients.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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