According to the financial report for the first quarter of 2025, Ripple increased its reserves of cryptocurrency XRP (XRP).
As of March 31, 2025, Ripple held 4.56 billion XRP valued at $9.58 billion at the current exchange rate, which is 1.7% higher than the figure recorded on December 31, 2024. Meanwhile, the number of coins in the escrow account, intended for phased release, decreased by 2.6% to 37.13 billion, amounting to $77.97 billion.
The first quarter brought mixed results for XRP. On one hand, trading volume for the cryptocurrency surged in the second half of January and early February, peaking at $16 billion. On the other hand, there was a decline in user activity on the XRPL blockchain, evidenced by a 37% drop in the number of transactions compared to the fourth quarter of 2024 and a 40% reduction in the number of created crypto wallets.
Fluctuation in XRP trading volume
In April, the XRP market experienced a flat trend, and over the past month, the asset's price decreased by only 1.45%. However, the situation may improve due to the fact that in the first quarter:
CME Group announced the start of trading futures for XRP, scheduled for May 19;
Authorities in Brazil approved the issuance of an XRP-ETF;
The U.S. Securities and Exchange Commission withdrew its appeal aimed at challenging a court ruling regarding the illegal issuance of securities, which the regulator wanted to classify XRP as;
Ripple acquired a major brokerage platform, Hidden Road, for $1.25 billion.
Despite the high level of volatility, XRP stood out among other digital assets, demonstrating resilience and outperforming nearly all leading cryptocurrencies. In the first quarter, XRP outpaced assets such as Bitcoin and Ethereum in growth rate, rising nearly 50% in early February. While ETH and Solana saw significant declines, and BTC stagnated, XRP showed its strength.