Bullish expectations continue for XRP, which, along with Bitcoin, experienced the biggest increase from US President Donald Trump’s election victory.
At this point, the XRP price is holding above $2, while Ripple recently released its Q1 2025 XRP Markets Report.
With multiple significant developments in Q1 2025, the report highlighted significant gains for Ripple’s XRP.
Ripple highlighted three successes in the report: “The Hidden Road acquisition, the SEC’s withdrawal of its objection, and the increased global institutional interest in XRP products.”
At this point, Ripple first referred to the end of the SEC-XRP case, which was one of the biggest stories of the year for cryptocurrencies.
Ripple has agreed to reduce its fine from $125 million to $50 million and asked the court to vacate the injunction against Ripple. The regulator has agreed to reduce its fine from $125 million to $50 million and asked the court to vacate the injunction against Ripple.
The report also noted increasing institutional interest in XRP products. According to Coinshares data, XRP investment products saw $10.5 million in weekly inflows, bringing the inflow to $256 million since the beginning of the year.
The report also revealed that top asset managers worldwide filed XRP ETF applications in the first quarter. It mentioned Franklin Templeton’s XRP ETF application, Volatility Shares’ three XRP ETF applications, and the approval of a dedicated XRP ETF in Brazil.
Other notable developments include Teucrium’s XRP ETF and CME’s launch of XRP futures in the US.
Related News
The Long-Awaited Big XRP Announcement Has Arrived! “The Date is May 19!”
Ripple CEO Brad Garlinghouse X said in his post that the first quarter of 2025 was an incredible quarter for Ripple after Ripple achieved significant milestones in the first three months of the year.
“Q1 2025 has been an incredible quarter for Ripple, with our Hidden Road acquisition and the conclusion of the SEC lawsuit, not to mention the global institutional interest in XRP ETPs.
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https://x.com/bgarlinghouse/status/1919541918180245929
*This is not investment advice.