XRP news today: Ripple to Enhance XRP Markets Report Amid 50% Q1 Surge, Institutional Demand

Ripple has announced that it will be phasing out its current format of the quarterly XRP Markets Report after the second quarter of 2025. The new version of the report will offer deeper insights as the demand for XRP among institutional investors continues to rise. The quarterly XRP Markets Report has been a key tool for providing transparency into Ripple’s XRP holdings and updates on the state of the crypto markets and the XRP ecosystem. However, Ripple has acknowledged that the report has not had the intended effect, stating that its transparency has often been used against the company, particularly by former SEC leadership.

Ask Aime: What's next for Ripple after dropping the quarterly XRP report?

As more institutions engage with XRP, Ripple expects additional perspectives and insights to follow, pushing the market conversation forward. This development comes amid a surge in XRP-based ETF filings in the U.S. and Brazil, with a leveraged XRP ETF already available to investors since April. XRP has shown strong performance among major cryptocurrencies in the first quarter of 2025, surging nearly 50% in early February and outperforming both bitcoin (BTC) and ether (ETH) during a period of market turbulence and rising macroeconomic uncertainty. While BTC remained range-bound and ETH trended lower, XRP stood out for its relative strength, with the XRP/BTC ratio rising more than 10% during the quarter.

This strength was matched by growing institutional interest. XRP-based investment products recorded significant net inflows during the quarter, pushing the year-to-date total close to surpassing ETH-focused funds. XRP spot market activity remained robust throughout the quarter, with average daily volumes hovering around significant levels. Binance maintained a dominant share at 40%, followed by Upbit and coinbase. Price volatility spiked in February, pushing realized volatility to around 130%, as XRP touched levels not seen since early 2018. On-chain activity on the XRP Ledger moderated after a period of expansion in late 2024. Wallet creation and transaction volume dropped by 30–40%, in line with broader slowdowns across Layer 1 networks. However, XRP DeFi activity showed resilience, with DEX volume slipping just 16% quarter-over-quarter. rlusd was a key driver of activity, with its market cap surpassing significant levels and cumulative DEX trading volume crossing substantial milestones.

Ripple's decision to enhance its reporting comes at a time when the company is experiencing a surge in interest from traditional financial institutions. These institutions are increasingly recognizing the benefits of using blockchain technology for cross-border payments, which include faster settlement times, lower costs, and greater transparency. Ripple's ODL service, which uses XRP as a bridge currency, has been particularly attractive to these institutions as it allows for seamless and efficient liquidity management. The expansion of the XRP Markets Report is also a strategic move by Ripple to address the growing demand for transparency and accountability in the cryptocurrency industry. As more institutions adopt XRP, there is a corresponding need for detailed and reliable data to inform investment decisions and regulatory compliance. By providing a more comprehensive report, Ripple aims to build trust with its institutional clients and demonstrate its commitment to transparency.

In addition to the expanded XRP Markets Report, Ripple is also focusing on strengthening its partnerships with financial institutions. The company has been actively engaging with banks, payment providers, and other financial services firms to explore new use cases for XRP and blockchain technology. These partnerships are crucial for Ripple's long-term growth strategy, as they help to validate the utility of XRP and expand its adoption in the financial sector. Ripple's efforts to expand its quarterly XRP Markets Report and strengthen its institutional partnerships are part of a broader strategy to position itself as a leader in the financial technology industry. By leveraging its expertise in blockchain technology and its extensive network of partnerships, Ripple is well-positioned to capitalize on the growing demand for efficient and transparent cross-border payment solutions. As the company continues to innovate and expand its offerings, it is poised to play a key role in shaping the future of the global financial system.