XRP (XRP), the native cryptocurrency of the XRP Ledger (XRPL), has been advertised by supporters as a low-speed-cost solution for cross-border payments. But how much value flows through the network on daily basis? Let us examine.
XRP volumes have increased since Trump's re -election
Based on the newest data from Glassnode, the day by day transmission volume of XRP for its blockchain in US dollars was often between $ 300 million and $ 1 billion.
Since November 2024, when Donald Trump won the US presidential elections, XRP has included a median of two.28 billion US dollars a day, which suggests that increased network activity might be driven by the worth boom of XRP in the identical period.
XRP total transmission volume. Source: Glasnode
Nevertheless, these spikes don’t necessarily reflect a gradual acceptance or payment activity. Instead, they may proceed to be sure by speculative behavior, rippling transfers, whale movements and redesigns between the stock exchanges.
Ripple stands behind many large XRP transfers
An essential factor for the spikes within the day by day transfer volume of XRP is the massive token sales of Ripple and his co-founder Chris Larsen.
Chris Larsens XRP sale (2024–2025):
🚨 🚨 50,000,000 #xRP (29.120,312 USD) by Chris Larsen to unknown Wallethtps: //t.co/d9iopmqepm
– WALALARM (@whale_alert) September 16, 2024
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These sales reduced the XRP reserves to one among its bridles from 500 million to 410 million XRP.
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Before that, the SEC Larsen estimated $ 453.69 million between 2017 and 2020 XRP.
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The sales 2024–2025 emerged in your scale and timing through the XRP rally over 3 US dollars.
The XRP faithful sale of Ripple (2017–2025):
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Ripple began selling XRP from Escrow in 2017. He published as much as 1 billion XRP/month and sometimes returned token that weren’t sold.
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It sold 91.6 million US dollars through the 30,000% rally of cryptocurrency within the fourth quarter of 2017
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In the third quarter of 2018, Ripple sold 163 million US dollars on the volatile markets.
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In the second quarter of 2019, the XRP company sold 251 million US dollars, one among the biggest sales.
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Sales fell to USD 1.75 million in the primary quarter of 2020, probably as a result of the regulatory pressure of the Sec.
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In 2021, around 1.5 billion USD were sold in 2021.
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This indicates that Ripple tends to extend the sales in bullish periods and may use through the XRP price descent.
In 2017, Ripple blocked 55 billion XRP – many of the overall offer – quite a lot of trust contracts. Each contract took place 1 billion XRP, which is to be published per 30 days for over 55 months.
However, each unused part is attributed to the trust crop, with a brand new contract being pushed onto the back of the queue, i.e. blocked for 55 months.
During the lively sales times, these movements can result in noticeable spikes of the general transmission volume, especially in the event that they are paired with great speculative interest.
🔒 🔒 🔒 🔒 🔒.
– WALALARM (@whale_alert) April 2, 2025
Bitcoin and Ethereum exceed the XRP as an entire
Bitcoin and Ethereum proceed to dominate XRP in relation to the day by day transmission volume, with a broader acceptance and greater confidence in these ecosystems being emphasized.
According to Glassnode, the common day by day transmission volume for Bitcoin in the whole data record is roughly 23.26 billion dollars.
Bitcoin total transmission volume. Source: Glasnode
In recent years, the network has settled a median of $ 64.03 billion a day prior to now 30 days, probably as a result of strong institutional currents, ETF-controlled activities and speculative trade.
In the meantime, the day by day transmission volume of Ethereum is about 2.53 billion dollars. However, the newest 30-day average of the identical is around $ 5.67 billion.
Ethereum total transmission volume. Source: Glasnode
The total transmission volume reflects using real life
The transmission volume is a key -oncal metric metric, which shows how much real value is decided on daily basis via blockchain. High volumes, especially once they are preserved, indicate higher user activity when postponing money.
Bitcoin and Ethereum see consistent activities of depot banks, ETFs and Defi apps.
In the case of XRP, nonetheless, the use appears on trading cycles. Despite the efforts of Ripple to advertise XRP in cross-border settlements on on-demand liquidity (ODL), onchain-volumes only indicate limited acceptance amongst company users.
However, XRPL recently introduced tools for the exhibition of stablecoin, tokenization and EVM compatibility.
In the fourth quarter of 2024, for instance, the amount of the automated market manufacturer (AMM) of the Ledger rose by 3,100%, which contradicts the exponential growth of use.
XRP -Ledger key indicators on December 31, 2024. Source: Messari
However, these innovations haven’t yet generated volume levels which can be comparable to Ethereum and Bitcoin.
This article doesn’t contain investment advice or recommendations. Every investment and trade movement is the chance, and readers should perform their very own research results in the event that they make a call.
