XRP Ledger Q1 2025: Surging Adoption, Volume, and Market Capitalization
This table outlines the developments within the XRP ecosystem during the last quarter leading up to March 2025.
In the financial sector, XRP's market cap saw a significant increase, dramatically rising from $34.6 billion in Q3 2024 to $119.4 billion in Q4, and reaching $121.6 billion in Q1 2025.
On the network side, metrics such as daily active addresses experienced an extraordinary jump, climbing from 27.9K in Q3 to 134.6K in Q1 2025 (+142.1%). This indicates a notable surge in user interest and participation. Similarly, the number of new addresses soared from 105K to 568K, and daily transactions increased to 2 million.
Within the ecosystem sector, the issued currencies market reached $281.5 million, up from $264.2 million, reflecting growing interest in asset tokenization on the XRP Ledger. Daily CLOB (central limit order book) volume hit $13.7 million (+73.5%), signaling heightened trading activity.
Overall, throughout Q1 2025, XRP is clearly entering a strong expansion phase across its price, user participation, and ecosystem activity.
