Ripple is set to overhaul its XRP Markets Report after Q2 2025, responding to increasing demand for more sophisticated data and transparency from institutional investors. The updated report will offer deeper insights into XRP’s market dynamics, as Ripple acknowledges that the current format no longer meets the expectations of its growing institutional audience.
Initially launched to enhance transparency, the XRP Markets Report has played a key role in tracking Ripple’s XRP holdings and market behavior. However, Ripple has indicated that its previous disclosures were sometimes misinterpreted by regulators, especially in light of ongoing scrutiny by the U.S. Securities and Exchange Commission (SEC).
“As institutional participation in the XRP market increases, so must the granularity and scope of our reporting,” Ripple commented in its Q1 2025 analysis.
The timing of this update aligns with a surge in XRP-related financial products. XRP’s performance in Q1 2025 was strong, with a notable 50% rally in February, outperforming bitcoin and ether. The token’s relative strength was evident, with the XRP/BTC pair rising by 10% during the quarter.
XRP investment products saw $37.7 million in inflows during Q1, propelling year-to-date totals to $214 million, nearly matching Ethereum-focused funds. Spot trading volumes averaged $3.2 billion per day, with Binance commanding 40% of the market share.
Meanwhile, XRP Ledger activity cooled slightly after an uptick in late 2024. Wallet creation and transaction counts dropped by 30–40%. However, the DeFi sector demonstrated stability, with decentralized exchange volumes only dipping 16% quarter-over-quarter, while Ripple’s RLUSD stablecoin surpassed $90 million in market cap.
As institutional interest continues to grow, Ripple’s revamped reporting strategy is designed to keep pace with the evolving demands of the market and provide more targeted, actionable insights for investors.
