XRP: Ripple’s Q1 2025 Holdings and Market Insights

XRP remains at the heart of Ripple’s operations, and a recent quarterly update sheds light on how much XRP Ripple holds as of the first quarter of 2025. The update also outlines notable changes in its escrow structure and developments in the broader XRP ecosystem.

Ripple, a prominent company in cross-border payments and the maintainer of the XRP Ledger, was initially allocated 80 billion XRP back in 2012, a significant portion of XRP’s 100 billion total supply. Over time, Ripple’s balance has decreased, but it still controls a considerable share—over 40% of the total circulating supply of XRP.

According to Ripple’s Q1 2025 XRP Markets Report, there have been meaningful adjustments in the firm’s XRP reserves compared to Q4 2024. Ripple categorizes their holdings into two distinct groups: XRP held in spendable wallets, which is used for operational expenses and liquidity efforts, and XRP locked in escrow, from which approximately 1 billion XRP is released monthly.

At the end of Q4 2024, Ripple’s on-hand wallet contained 4,485,366,320 XRP, while its escrow holdings stood at 38,030,000,005 XRP. By March 31, 2025, Ripple’s wallet balance had grown to 4,564,433,147 XRP, an increase of 79,066,827 XRP. Meanwhile, escrow holdings decreased to 37,130,000,005 XRP, a reduction of 900 million XRP.

This decrease raised questions within the community due to the expectation that 3 billion XRP should have been released during Q1 2025, assuming a standard monthly unlocking of 1 billion XRP. However, much of the unlocked amount isn’t used entirely. Ripple chose to relock approximately 70% of newly available XRP, a strategy it has employed historically to manage token circulation and avoid market saturation.

These large-scale holdings by Ripple have sparked debate for years in the crypto community. While some view Ripple’s extensive possession of XRP as centralized and potentially risky, others, like community analyst Anderson, argue that large XRP reserves are strategically advantageous for advancing the token’s mainstream adoption and liquidity provisioning.

Key Takeaways from Q1 2025

Beyond the figures, Ripple’s most recent disclosures also included several strategic updates. Most notably, Ripple announced that it would be ending the current form of its quarterly markets reports. This decision stems primarily from how certain regulatory bodies, particularly the U.S. Securities and Exchange Commission (SEC), have used public disclosures against the company in legal proceedings.

While this will mark the end of a reporting era that began in 2017, Ripple emphasized that it will maintain transparency through other formats and will continue to openly publish key metrics and wallet holdings on its official platforms.

The Q1 2025 disclosure also pointed to increased institutional interest in XRP. The company spotlighted important developments, such as:

• Franklin Templeton’s filing for a spot XRP ETF
• Expanded XRP futures offerings by CME Group
• Teucrium’s launch of the first U.S.-based 2x Long Daily XRP ETF

Additional developments included a major legal step: a pause in the SEC’s case against Ripple, providing the company with some breathing room. In parallel, Ripple advanced its financial footprint with the acquisition of brokerage firm Hidden Road for $1.25 billion, signaling its ambitions beyond payments and into broader financial services.

Related: Expert Advice: Sell XRP If You’re Confused

In conclusion, Ripple’s XRP holdings remain pivotal for its ongoing operations and ecosystem growth. The gradual decrease in escrow holdings combined with increased wallet balances reflects Ripple’s continued activity in utilizing and redistributing XRP. The strategic transition in reporting practices—paired with major institutional moves—further solidify Ripple’s commitment to XRP-driven innovation while navigating regulatory headwinds.