Ripple revamps XRP markets report as institutional demand surges, ETFs gain steam
XRP saw a strong Q1 performance, but can it continue the trend in the summer?
- XRP outperformed BTC by 10% on the price front in Q1 2025
- Ripple controlled 75% of XRP’s circulating supply of about 55 billion tokens as of March 2025
In Q1 2025, XRP maintained a remarkable performance thanks to regulatory relief after the SEC (Securities and Exchange Commission) withdrew its Ripple appeal.
In fact, according to the firm’s Q1 report, XRP outpaced Bitcoin [BTC] and Ethereum [ETH] on ETF-based demand and price fronts.
“XRP-based investment products outperformed their Bitcoin and Ethereum counterparts, recording $37.7M in inflows and bringing their year-to-date total to $214M — just $1M shy of overtaking global Ethereum funds.”
Even in April, XRP-based investment products attracted massive inflows.
XRP outshines BTC
The report added that XRP’s average daily trading volume has fluctuated around $3.2 billion for the past six months.
However, XRP outperformed BTC by 10%, according to the XRP/BTC ratio – A metric which tracks relative price strength between the two assets.
“The XRP/BTC ratio increased yet another time in Q1 by more than 10%, highlighting the strong relative performance against the major currency in the ecosystem.”
XRP outperformed BTC by +350% between November 2024 and early 2025. However, BTC has strengthened against the altcoin lately, despite the 10% lead in Q1 2025.
In April, XRP slipped by 8% against Bitcoin and was down about 4% in the first week of May.
For XRP Ledger, the report noted that network activity dropped by over 30%, mirroring the broader market’s contraction in Q1.
That being said, as of 31 March 2025, Ripple reportedly held 41.69 billion XRP tokens – About 75.8% of the circulating supply (about 55 billion tokens). In fact, Ripple claimed that it will periodically update its XRP holdings for the next 42 months.
On the daily price chart, XRP seemed to be on the verge of dropping below $2. This was also the 200DMA (Daily Moving Average) – A potential support that could ease the pullback. However, a crack below the support level could drag XRP lower on the charts.
