XRP Spot Volume Soars, XRPL Activity Declines

By: bitcoin ethereum news|2025/05/06 19:00:02
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XRP, the fourth-largest cryptocurrency by market capitalization, is attracting growing interest from institutional and retail investors in 2025. Ripple’s recently published Q1 2025 XRP Markets Report offers deeper insight into the altcoin’s performance. The report reveals a striking contrast: spot trading volumes surged, while on-chain activity on the XRP Ledger (XRPL) declined significantly. Spot Volume and Investment Flows into XRP Rise Sharply According to the report, XRP’s spot trading volume remained steady in Q1 2025, with the average daily volume reaching $3.2 billion across major exchanges. Notably, trading volume spiked at the end of January and early February. It peaked above $16 billion before gradually declining in March. Binance led with around 40% of total volume, followed by Upbit (15%) and Coinbase (12%). The share of USD and USD stablecoin volume traded through fiat pairs rose from 25% in Q4 2024 to 29% in Q1. This increase indicates growing demand for fiat trading. XRP’s price also posted an impressive rally, reaching a peak of $3.40—its highest since January 2018—and outperforming Bitcoin and Ethereum during the same period. XRP-based investment products also attracted strong inflows, with year-to-date totals reaching $214 million, nearly overtaking global Ethereum funds. However, one analyst pointed out daily trading volume has plummeted by more than 86% over the past six months. “XRP volume collapsed from $60 billion in december to under $8 billion now. Retail got flushed out,” crypto analyst Steph said. Despite declining intraday volume, the overall market context in 2025, marked by positive regulatory shifts, has helped XRP maintain its appeal. For example, the SEC officially withdrew its appeal, closing a multi-year lawsuit. Meanwhile, signs of growing institutional confidence include Franklin Templeton filing for an XRP ETF in the US, CME launching XRP futures, and Volatility Shares seeking approval for three XRP ETFs. On-Chain XRP Activity Sees Sharp Decline In contrast to the active spot market, on-chain activity on XRPL has dropped significantly. The report shows a 37.06% decline in the number of transactions on XRPL, from 167.7 million in Q4 2024 to 105.5 million in Q1 2025. New wallet creations fell by 40.28%, from 709,545 to 423,727. The amount of XRP burned as transaction fees also declined by 30.89%. Meanwhile, decentralized exchange (DEX) volume dropped by 16.94%, from $1 billion to $832 million. Data from DefiLlama reveals that XRPL’s total value locked (TVL) has remained flat in 2025 at around $80 million. Monthly DEX volume hovered around just $3.3 million, which seems disproportionately low given XRP’s position as the fourth-largest crypto asset by market cap. However, the report suggests that Ripple’s acquisition of Hidden Road could help boost XRPL’s on-chain activity. “Ripple acquired Hidden Road for $1.25B — one of the largest M&A deals in crypto history – driving more institutional use cases for RLUSD and XRPL,” the report stated. Ripple’s Q1 2025 report paints a two-sided picture: spot trading volume surged, reflecting investor confidence, while the drop in on-chain activity raises questions about XRPL’s practical usage. Disclaimer In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated. Source: https://beincrypto.com/ripple-q1-2025-spot-volume-surges/

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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