XRP News Today: XRP Surpasses Ethereum in Coinbase Q2 Revenue Share 13% to 12%

In the second quarter of 2025, XRP outperformed Ethereum in generating transaction revenue on Coinbase, securing a 13% share compared to Ethereum’s 12%. This shift marks a notable turning point in trading behavior, with XRP surpassing the long-dominant Ethereum for the first time in the platform’s quarterly revenue breakdown [1]. Despite overall declining trading volumes on the exchange, XRP’s increased presence reflects a strategic realignment among traders, driven by evolving market dynamics and renewed interest in the cryptocurrency [2].

The development is attributed to a combination of factors, including increased trading activity, the introduction of XRP futures on key platforms, and growing speculation around potential ETF approvals. These factors have helped XRP maintain a stronger performance compared to other altcoins during a period of broader market volatility [3]. Analysts suggest that Ethereum’s relative decline in revenue share may be due to market saturation and shifting investor preferences toward assets with lower costs and higher liquidity [4].

Coinbase’s Q2 2025 financial report highlights the growing influence of XRP within the exchange’s ecosystem. While XRP’s 13% share still trails behind Bitcoin’s dominant 34%, the fact that it has now surpassed Ethereum underscores a meaningful shift in the digital asset landscape [5]. This trend continued into the first half of 2025, with XRP contributing 16% of Coinbase’s total revenue, signaling a significant uptick in both trading volume and institutional interest [6].

The shift in trader behavior reflects not only XRP’s growing utility but also Coinbase’s broader strategy to expand its product offerings around high-potential tokens. While no official commentary from leadership has been provided, the quarterly report clearly indicates a pivot in user trading preferences [7]. This development could signal further competition among major cryptocurrencies as trader focus continues to evolve [8].

Source:

[1] XRP Surpasses Ethereum in Coinbase Q2 Earnings Amid ... (https://www.kucoin.com/news/flash/xrp-surpasses-ethereum-in-coinbase-q2-earnings-amid-etf-speculation)

[2] XRP Overtakes Ethereum in Coinbase Revenue (https://coinpedia.org/news/xrp-overtakes-ethereum-in-coinbase-revenue/)

[3] XRP News Today: XRP Overtakes ETH as Coinbase's Top ... (https://www.ainvest.com/news/xrp-news-today-xrp-overtakes-eth-coinbase-top-revenue-driver-market-volatility-2508/)

[4] Ripple (XRP) Price Holds Strong Relative to Broader ... (https://cryptopotato.com/ripple-xrp-price-holds-strong-relative-to-broader-altcoin-meltdown/)

[5] XRP Brings in More Revenue Than Ethereum for Coinbase ... (https://thecryptobasic.com/2025/08/01/xrp-brings-in-more-revenue-than-ethereum-for-coinbase-q2-2025-earnings-report-shows/)

[6] XRP Overtakes Ethereum in Coinbase Q2 Revenue (https://phemex.com/news/article/xrp-surpasses-ethereum-in-coinbase-q2-revenue-amid-etf-speculation_14224)

[7] XRP Surpasses Ethereum in Transaction Revenue... (https://coinstats.app/news/bc0c29a269a54e9e6a55437cf56ef11b1598ae27269dda5fd132ee9ef690244e_XRP-Surpasses-Ethereum-in-Transaction-Revenue)

[8] XRP Surpasses Ethereum in Coinbase Q2 2025 Revenue ... (https://www.xt.com/en/blog/post/xrp-surpasses-ethereum-in-coinbase-q2-2025-revenue-with-13-trading-share)