Cryptocurrency analytics agency Messari shares key developments on the Ripple (XRP) community in its newest report entitled “Standing of XRP Ledger for Q2 2025.”
In July, the SEC introduced its itemizing requirements for crypto ETFs, requiring that they be tracked with futures at the least six months earlier than the itemizing. XRP started buying and selling in Coinbase's by-product change in April, paving the best way for approval of the XRP spot ETF and fall record.
Ripple's US greenback paged Stablecoin, RLUSD, closed its second quarter at $65.9 million (+49.4% QOQ), making it the biggest stubcoin in XRPL. A number of stub cash had been launched in XRPL within the quarter, together with Circle's USDC, Braza Group's USDB, Schuman Monetary's Europ and Stratsx's XSGD.
XRPL closed the second quarter at an all-time excessive of $131.6 million in market capitalization for RWA (actual world belongings). A number of new RWAs introduced on the XRPL Apex occasion in Singapore in June had been issued throughout this era. These embody Ondo's Ousg Tokenized Monetary Fund, Guggenheim's digital business paper, and tokenized actual property issued by Ctrl Alt.
On June thirtieth, XRPL EVM Sidechain was launched, offering the ecosystem with entry to EVM builders and options. Rippled V2.5.0, launched in June, additionally launched improvements equivalent to permitted Dex (permitted exchanges) and Tokenescrow. Whereas permitted DEX permits solely accounts with legitimate credentials to create or fill out orders inside a particular space, Tokenescrow affords Trustline-based tokens (IOUs) and Multipurpose Tokens (MPTs).
In response to the report, the typical every day whole variety of transactions within the second quarter fell 20% to 1.6 million. This metric covers 57 totally different transaction varieties, together with fee, creation of escrow, NFT burning, and deletion of accounts.
*This isn’t funding recommendation.
