In Q2 2025, XRP accounted for 13% of consumer transaction revenue on Coinbase, surpassing Ethereum's 12%. Bitcoin remains dominant at 34%, but the rapid growth of XRP is attracting attention. At one point during the quarter, the revenue share of XRP surged to 18%, reflecting a strong increase in retail demand.
This is a significant turning point for XRP, which had been suspended by Coinbase for over two years due to the SEC lawsuit. Since being relisted in July 2023, XRP's appeal to traders has skyrocketed.
