Home Altcoins News Ripple’s XRP Ledger Sees 7x Growth Amid Institutional Surge

Ripple’s XRP Ledger Sees 7x Growth Amid Institutional Surge

XRP Ledger

Ripple’s XRP is quietly laying the foundation for what could be a breakout moment in the second half of 2025. After a sluggish start to the year and a rough April correction, XRP has staged a modest recovery, climbing 51% since its local bottom. However, its performance still lags behind that of its major counterparts like Ethereum, which surged 93% during the same period. On the surface, XRP’s price action may appear underwhelming, but under the hood, the network is seeing a massive surge in activity that suggests capital isn’t leaving—it’s rotating and consolidating within the ecosystem.

The most compelling sign of this underlying strength lies in the XRP Ledger’s recent on-chain explosion. Over the past week, active addresses have averaged more than 295,000 per day. This represents an extraordinary 7x increase from the three-month average of just 35,000–40,000. Such a rapid and sustained spike in address activity doesn’t typically stem from retail speculation. Instead, it reflects increased engagement at the protocol level—interactions that may be signaling growing interest from institutions or utility-based actors.

On the decentralized finance (DeFi) side of the ecosystem, momentum is picking up as well. The Total Value Locked (TVL) on the XRP Ledger has seen a 3.23% increase in just 24 hours, climbing back to $60.1 million. This uptick is significant, considering that TVL had recently dipped to post-election lows. Even more telling is the growth in XRP’s stablecoin market cap, which has surged 7.6% this week to $71.07 million. This combination of growing locked capital and stablecoin activity paints a picture of a network that is not only recovering but potentially strengthening in anticipation of future developments.

Perhaps the most telling indicator of brewing institutional confidence is the behavior of large holders. For the first time in Ripple’s history, over 2,700 wallets now hold at least one million XRP each. These are not casual investors. This class of holders generally represents funds, whales, and long-term allocators. Their quiet accumulation could be in anticipation of upcoming catalysts—signs that aren’t yet fully reflected in the token’s price.

The second quarter of 2025 has already presented two significant institutional milestones for Ripple. First, the statement of a $500 million treasury allocation to XRP Ledger is a massive endorsement of on-chain utility. This is the company’s first major move to coordinate treasury operations directly on-chain, signaling increased confidence in the network’s financial mechanisms and long-term viability. Such capital commitments often prelude structural changes in market behavior, especially as they offer enhanced liquidity and protocol-level incentives.

Even more crucial, however, is the introduction of the first spot XRP ETF. Canadian asset manager Purpose Investments has secured final regulatory clearance to introduction the fund, which will trade under the ticker symbol XRPE on the Canadian Stock Exchange. This development cannot be overstated. ETFs offer traditional investors a regulated, easy-to-access vehicle for exposure, and their presence often unlocks demand from pension funds, asset managers, and family offices—capital pools previously sidelined from direct crypto participation.

The ETF introduction not only introduces a powerful demand driver but also helps solidify XRP’s narrative shift. Long viewed as a speculative asset mired in legal challenges and price volatility, XRP is now inching closer to being seen as a legitimate institutional vehicle. It’s a transformation that resembles the arc of Bitcoin and Ethereum during their respective ETF approval cycles.

Despite this promising foundation, XRP’s price hasn’t yet fully responded. That disconnect between on-chain strength and price performance may be the result of cautious optimism in the market or simple lag. However, with on-chain engagement at multi-year highs, whale accumulation rising, and institutional infrastructure coming online, XRP appears primed for a breakout.

If this confluence of developments continues, the next few months could reshape XRP’s standing within the crypto ecosystem. What was once seen as a laggard may soon emerge as a leader, not through hype, but through measurable, sustainable growth powered by strategic capital rotation.

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MikeT

Mike T, an accomplished crypto journalist, has been captivating audiences with her in-depth analysis and insightful reporting on the ever-evolving blockchain and cryptocurrency landscape. With a keen eye for market trends and a talent for breaking down complex concepts, Mike's work has become essential reading for both crypto enthusiasts and newcomers alike. Appreciate the work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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