XRP Trading Volume Sustains $3.2B Amid XRPL Slowdown
Ripple’s XRP maintains strong trading volumes in Q1 2025 amid decreased XRPL activity and increased institutional interest.

- Ripple’s XRP retains strong trading presence in Q1 2025.
- Institutional interest in XRP surges with $37.7 million inflows.
- XRPL on-chain activity sees a sharp contraction.

XRP maintained a robust trading volume of $3.2 billion in the first quarter of 2025, even as activity on the XRP Ledger saw a marked decrease.
Trading Volumes and Institutional Interest
Ripple reported that XRP experienced steady trading volumes in Q1 2025 at $3.2 billion, maintaining a significant presence among major altcoins despite notable reductions in XRP Ledger activity. Transactions peaked with daily trading volumes exceeding $16 billion during select periods.
Ripple engaged major cryptocurrency exchanges, with Binance holding 40% of XRP’s trade volume. Meanwhile, institutional usage showed growth, supported by $37.7 million in XRP ETPs inflow. Ripple held 4.56 billion XRP by March’s end in 2025, a year-to-date increase.
Market Dynamics and Strategic Shifts
The broader market felt the impacts of this dichotomy. Despite fewer transactions on the XRPL, trading volumes showcased trader confidence. This comes amid increased institutional participation, suggesting a prioritization of centralized trading platforms over direct chain interactions.
Ripple’s strategic approach post-SEC case closure seems positive, but institutional inflows demonstrate potential for a market revival. The disparity between trading and on-chain activity could suggest reliance on exchange-driven transactions beyond traditional settlement layers.
Ripple, Market Strategist – “Despite a sharp contraction in XRPL activity, XRP’s trading volume remained steady, highlighting a divergence in trading patterns.”
This scenario offers insights into XRP’s evolving market role. Ripple’s expanded reporting approach could address regulatory measures while catering to industry demands, enhancing transparency and potentially fostering long-term credibility and growth.
Binance held a significant portion of XRP trading, highlighting its relevance in the exchange ecosystem.
More From Crypto News
Sentora Proposes 50/50 Aave V4 Revenue Split With DAO
Sentora has submitted a governance proposal to the Aave DAO requesting a 50/50 split of protocol revenue generated by Aave V4, according to the proposal circula...
Illinois Draft Crypto Tax Rules Could Apply From 2027
Illinois has released draft rules that would subject cryptocurrency transactions to state tax obligations beginning in 2027, with the proposed framework applyin...
Bitcoin Falls to $82,776 as Job Openings Ease
Bitcoin fell to an intraday low of $82,775. 94 on Tuesday, September 29, 2026, as fresh U.
Bitwise Launches U.S. Spot NEAR ETF With 33% Staking Fee
The filing, submitted via a 485BPOS form to the SEC’s EDGAR system , positions the product as regulated spot exposure to NEAR, the native token of the NEAR Prot...
Fed Proposal Sets Two-Business-Day Stablecoin Redemption Limit
The Federal Reserve has put forward a proposal that would require supervised stablecoin issuers to process redemption requests within two business days, setting...
US Spot Bitcoin ETF Inflows Fall to $31M on Sept. 28
US spot Bitcoin ETF products recorded a combined net inflow of $31 million on Sept. 28, according to reported flow data, marking a sharp pullback from the multi...