XRP News Today: XRP Surges 2% in Q1 2025 as Daily Active Addresses Jump 142%

XRP, the cryptocurrency associated with Ripple, has shown significant bullish signals in the first quarter of 2025, with its market cap increasing by 2% and the number of daily active addresses surging by 142%. This growth stands in contrast to the broader crypto market, where major cryptocurrencies like Bitcoin, Ethereum, and Solana experienced declines of over 20% during the same period. The increase in daily active addresses to 134,600 marks the highest growth since Messari began its coverage, with average daily transactions climbing to 2.04 million, primarily driven by payment volumes.

The XRP Ledger (XRPL) is also evolving beyond its traditional role as a payment-focused digital asset. Ripple's EVM-compatible sidechain has gone live on the testnet, enabling Ethereum-style smart contracts to run parallel to XRP’s native chain. Additionally, XRPL is preparing to integrate native smart contract support via “Extensions,” which could open the door to a new wave of decentralized applications and DeFi use cases without compromising its core architecture.

Ripple’s own stablecoin, RLUSD, has reached a market cap of $44.2 million just weeks after its launch. Backed by US dollar deposits and short-term Treasuries, RLUSD is set to play a key role in XRP’s growing ecosystem, particularly as it becomes usable across Ethereum and XRPL alike. Furthermore, Ripple’s acquisition of prime brokerage firm Hidden Road has positioned XRPL to serve as a foundational layer for institutional crypto finance, with RLUSD expected to be used as collateral across these platforms, giving XRP broader utility in high-volume trading environments.

Technically, XRP is currently trading at $2.36, just above the 0.236 Fibonacci retracement level from the recent swing low of $2.07 to the high of $2.8273. A decisive move above the next resistance zone at the 0.382 Fib ($2.5430) could trigger a momentum-driven push toward the previous high at $2.82, followed by the Fib 1.618 extension target at $3.29. On a full breakout, long-term targets stretch toward $4.04, $4.78, and even $5.25, which align with the 2.618, 3.618, and 4.236 Fibonacci extensions, respectively. The Relative Strength Index (RSI) currently sits at 52.76, indicating that XRP is neither overbought nor oversold, setting the stage for a sustained rally if bullish catalysts materialize.