The XRP network surged in Q1 2025: Growth against the market trend
XRP prices rise amid a market downturn
According to the report 'XRP Network Overview Q1 2025' by analysis firm Messari, the market value of XRP increased by 2% compared to the previous quarter, while the total market capitalization of Bitcoin, Ethereum, and Solana decreased by up to 22%.
This is a sign that XRP is outperforming in attractiveness compared to other major digital assets.
RLUSD – stablecoin issued by Ripple – has also become the largest stablecoin on the XRP Ledger, with a market capitalization of 44.2 million USD.
Active users and transactions have surged
Messari reports that all key indicators on XRPL have increased for the second consecutive quarter, the first time since 2023.
The average number of active wallet addresses per day increased by 142%, reaching 134,600, indicating an increase in participation from both new and old users.
The trading volume through the centralized limit order book (CLOB) increased by 74% to 13.7 million USD per day, while the volume through AMM slightly decreased by 13%.
Notably, the number of payment transactions increased by 36%, reaching 1.12 million, reversing the downward trend from the previous quarter.
Ripple accelerates the expansion of its ecosystem and technology
Ripple is ramping up its expansion strategy with several major moves.
On April 8, Ripple became the first crypto company to acquire Hidden Road – a global multi-asset brokerage firm, to transfer operations to XRPL and use RLUSD as collateral.
At the same time, the XRPL network also launched a testnet for EVM-compatible sidechains, with the mainnet expected to go live in Q2.
Ripple also announced a roadmap for integrating native smart contracts, starting with the 'Extensions' feature.
New features such as 'Credentials' and 'Permissioned Domains' are also being implemented to enhance legal compliance for businesses.
Analysts believe that XRP still has the potential to reach 300 USD
