XRP showed remarkable resilience in the first quarter of 2025, achieving significant growth following major regulatory changes and preparing for a critical summer.
In the first quarter of 2025, XRP's price performance was 10% higher than BTC.
As of March 2025, Ripple controls 75% of the circulating supply of XRP, approximately 55 billion tokens.
In the first quarter of 2025, thanks to regulatory easing following the U.S. Securities and Exchange Commission (SEC) withdrawing its lawsuit against Ripple, XRP maintained excellent performance. According to the company's first-quarter report, XRP outperformed both Bitcoin [BTC] and Ethereum [ETH] in terms of ETF demand and price increase.
The report emphasizes: 'XRP-based investment products have outperformed Bitcoin and Ethereum, with inflows amounting to $37.7 million, bringing the year-to-date total to $214 million—just $1 million less than the global Ethereum fund.'
Even in April, XRP-based investment products attracted substantial inflows, highlighting ongoing investor interest.
XRP outperformed BTC in this quarter.
The report emphasizes that over the past six months, the average daily trading volume of XRP has fluctuated around $3.2 billion. Despite market volatility, XRP still maintains a 10% advantage over BTC based on the XRP/BTC ratio, a key indicator measuring the relative strength of cryptocurrencies.
The report notes: 'The XRP/BTC ratio increased by more than 10% again in the first quarter, indicating strong performance relative to the traditional market leader, Bitcoin.'
From November 2024 to early 2025, XRP's performance against BTC was an astonishing +350%. However, despite BTC leading in the first quarter, its performance against XRP has stabilized in recent months.
As of April, XRP had fallen 8% relative to Bitcoin, and this trend continued into May, with another decline of about 4% in the first week.
The report indicates that network activity on the XRP ledger declined by over 30%, reflecting overall market volatility in the first quarter. As of March 31, 2025, Ripple holds 75.8% of XRP tokens, raising concerns about future market supply and liquidity dynamics.
In terms of price trends, XRP seems to be testing a critical support level slightly below $2, which coincides with its 200-day moving average (DMA). A breakout below this support could lead to further declines in XRP, but it may also serve as a rebound point for its price.
The future of XRP
Looking ahead, closely monitoring the regulatory environment and market sentiment is crucial, as it will have a significant impact on the trajectory of XRP. If the current trend continues, XRP may continue to attract substantial investment, but sustained growth may depend on overcoming current market pressures and maintaining its competitive edge relative to BTC and ETH.
XRP's performance in the first quarter demonstrates strong growth potential, making it a participant worth watching in the cryptocurrency space. However, ongoing market dynamics and price support are crucial for its continued upward momentum. Investors should stay vigilant and assess based on key levels and peer assets.