XRP Spot Volume Soars, XRPL Activity Declines
The post XRP Spot Volume Soars, XRPL Activity Declines appeared on BitcoinEthereumNews.com. XRP, the fourth-largest cryptocurrency by market capitalization, is attracting growing interest from institutional and retail investors in 2025. Ripple’s recently published Q1 2025 XRP Markets Report offers deeper insight into the altcoin’s performance. The report reveals a striking contrast: spot trading volumes surged, while on-chain activity on the XRP Ledger (XRPL) declined significantly. Spot Volume and Investment Flows into XRP Rise Sharply According to the report, XRP’s spot trading volume remained steady in Q1 2025, with the average daily volume reaching $3.2 billion across major exchanges. Notably, trading volume spiked at the end of January and early February. It peaked above $16 billion before gradually declining in March. Binance led with around 40% of total volume, followed by Upbit (15%) and Coinbase (12%). XRP Spot Exchange Volume Q1/2025. Source: Ripple The share of USD and USD stablecoin volume traded through fiat pairs rose from 25% in Q4 2024 to 29% in Q1. This increase indicates growing demand for fiat trading. XRP’s price also posted an impressive rally, reaching a peak of $3.40—its highest since January 2018—and outperforming Bitcoin and Ethereum during the same period. XRP-based investment products also attracted strong inflows, with year-to-date totals reaching $214 million, nearly overtaking global Ethereum funds. However, one analyst pointed out daily trading volume has plummeted by more than 86% over the past six months. Daily XRP Trading Volume on Centralized Exchanges. Source: Arkham “XRP volume collapsed from $60 billion in december to under $8 billion now. Retail got flushed out,” crypto analyst Steph said. Despite declining intraday volume, the overall market context in 2025, marked by positive regulatory shifts, has helped XRP maintain its appeal. For example, the SEC officially withdrew its appeal, closing a multi-year lawsuit. Meanwhile, signs of growing institutional confidence include Franklin Templeton filing for an XRP ETF in the…
The post XRP Spot Volume Soars, XRPL Activity Declines appeared on BitcoinEthereumNews.com.
XRP, the fourth-largest cryptocurrency by market capitalization, is attracting growing interest from institutional and retail investors in 2025. Ripple’s recently published Q1 2025 XRP Markets Report offers deeper insight into the altcoin’s performance. The report reveals a striking contrast: spot trading volumes surged, while on-chain activity on the XRP Ledger (XRPL) declined significantly. Spot Volume and Investment Flows into XRP Rise Sharply According to the report, XRP’s spot trading volume remained steady in Q1 2025, with the average daily volume reaching $3.2 billion across major exchanges. Notably, trading volume spiked at the end of January and early February. It peaked above $16 billion before gradually declining in March. Binance led with around 40% of total volume, followed by Upbit (15%) and Coinbase (12%). XRP Spot Exchange Volume Q1/2025. Source: Ripple The share of USD and USD stablecoin volume traded through fiat pairs rose from 25% in Q4 2024 to 29% in Q1. This increase indicates growing demand for fiat trading. XRP’s price also posted an impressive rally, reaching a peak of $3.40—its highest since January 2018—and outperforming Bitcoin and Ethereum during the same period. XRP-based investment products also attracted strong inflows, with year-to-date totals reaching $214 million, nearly overtaking global Ethereum funds. However, one analyst pointed out daily trading volume has plummeted by more than 86% over the past six months. Daily XRP Trading Volume on Centralized Exchanges. Source: Arkham “XRP volume collapsed from $60 billion in december to under $8 billion now. Retail got flushed out,” crypto analyst Steph said. Despite declining intraday volume, the overall market context in 2025, marked by positive regulatory shifts, has helped XRP maintain its appeal. For example, the SEC officially withdrew its appeal, closing a multi-year lawsuit. Meanwhile, signs of growing institutional confidence include Franklin Templeton filing for an XRP ETF in the…
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