Ripple Announces Major Change: Future XRP Market Reports Will Be Very Different! Transparency Remains, New Opportunities After SEC Defeat

Ripple's CEO Brad Garlinghouse recently announced that starting in the second quarter of 2025, the company will stop publishing quarterly XRP market reports. This decision marks the end of Ripple's years-long legal battle with the U.S. Securities and Exchange Commission (SEC) and indicates that the company will enhance transparency while changing the way it disseminates information.

In the first quarter of 2025, Ripple experienced 'incredible' growth, not only acquiring the crypto company Hidden Road but also witnessing the conclusion of the SEC's appeal, while global institutions showed strong interest in XRP-based exchange-traded products (ETPs). Garlinghouse stated on social media that although the format of the reports will change, Ripple's commitment to transparency remains unwavering.

Since 2017, Ripple has released reports quarterly, sharing its XRP holdings and market activities. However, Garlinghouse pointed out that the SEC had used this data to file lawsuits, leading the company to decide to publish relevant information more flexibly in the future through its official website and social media.

Although the SEC has withdrawn its appeal against Ripple, and a court ruled in July 2023 that XRP trading on the open market does not constitute a securities transaction, some judgments still recognize that selling XRP to institutional investors violates securities laws. Ripple faced a $125 million penalty in 2024, with the execution of the fine temporarily suspended pending further appeal.

Meanwhile, demand for XRP among institutions continues to rise, with net inflows into XRP ETPs reaching $37.7 million in the first quarter of 2025, totaling nearly $214 million. Spot market trading remains robust, with daily trading volumes reaching $3.2 billion.

As the XRP ecosystem gradually changes, Ripple will continue to innovate to meet the challenges of the market and regulatory environment.